12 Feb 2018

8 Step ABC Inventory Analysis & Classification Process (Part 2 of 3: 8-Step ABC Classification)

2018-02-20T16:44:41-04:00February 12th, 2018|Categories: Class C Components, Inventory Management, Lean Manufacturing, Supply Chain, Vendor Managed Inventory (VMI)|

While the concept of ABC classification is a simple one, classifying large, complex inventories can seem needlessly tedious and overwhelming. Fortunately, while classifying your inventory the first time, can feel like a lot of work with little return, the payoff us exponential when you consider that it forms the foundation of streamlined inventory management and material flow otherwise achievable. Once you’ve committed to conducting an ABC analysis of your inventory, follow the steps....

6 Feb 2018

8 Step ABC Inventory Analysis and Classification Process (Part 1 of 3: ABC Class Definitions)

2018-02-24T14:11:19-04:00February 6th, 2018|Categories: Class C Components, Inventory Management, Lean Manufacturing, Supply Chain, Vendor Managed Inventory (VMI)|

ABC classification is a simple and powerful inventory management tool that plays a vital role in inventory control and material flow planning. It empowers lean manufacturers to improve the efficiency of the inventory replenishment schedule. It is a straightforward task, and if you want to implement Kanban, it’s an essential prerequisite.

10 May 2017

How to Approach Value Stream Mapping

2018-04-25T09:44:05-04:00May 10th, 2017|Categories: Class C Components, Lean Learning, Lean Manufacturing, Supply Chain, Vendor Managed Inventory (VMI)|

Lean manufacturing is here to stay, and original equipment manufacturers (OEMs) that want to keep up with the competition will need to stay on top of the many tools and methods, such as value stream mapping, to keep their factories running efficiently and smoothly.

13 Oct 2016

How VMI anticipates forecasting challenges in manufacturing

2016-10-13T14:47:56-04:00October 13th, 2016|Categories: Vendor Managed Inventory (VMI)|

Related Posts:5 Inventory Replenishment Methods - Part 2 of 5 - Kanban May 14, 2018 5 Inventory Replenishment Methods - Part 1 of 5 - MRP May 7, 2018 7 Lean Wastes - Inventory May 25, 2020

27 Jan 2016

Breaking Free from the Low-Cost Mindset in Parts Procurement

2017-03-21T12:00:17-04:00January 27th, 2016|Categories: Lean Manufacturing, Vendor Managed Inventory (VMI)|

Here's why OEMs in search of more effective procurement should stop thinking with their wallets and start considering the long-term benefits to on-site functionality.

5 Jan 2016

Time for an upgrade: Robots, kaizen and OEM self-improvement

2017-03-21T12:00:17-04:00January 5th, 2016|Categories: Inventory Management, Lean Manufacturing, Vendor Managed Inventory (VMI)|

Finding new ways to handle the parts procurement process and manage inventories could potentially lay the groundwork for manufacturing operations that constantly self-improve.

15 Dec 2015

How OEMs can resolve their issues with Class C Components before New Year’s with VMI programs

2017-03-21T12:00:18-04:00December 15th, 2015|Categories: Inventory Management, Lean Manufacturing, Vendor Managed Inventory (VMI)|

As the clock counts down to 2016, OEMs should celebrate the value VMI programs can bring to Class C Component procurement.

8 Oct 2015

5 Supply Inefficiencies Costing You a Fortune: The VMI Solution [Video]

2018-03-20T08:22:53-04:00October 8th, 2015|Categories: Lead Time Reduction, Vendor Managed Inventory (VMI)|

Now, let's look at a viable option to cut back on those inefficiencies.

8 Sep 2015

5 Supply Inefficiencies Costing You a Fortune: Inefficiency No. 5 Error-Related Costs [Video]

2018-01-04T11:02:33-04:00September 8th, 2015|Categories: Inventory Management, Lean Learning, Lean Manufacturing, Supply Chain, Vendor Managed Inventory (VMI)|

In this episode of our supply inefficiency series, we want to talk about the costs associated with errors.

2 Sep 2015

5 Supply Inefficiencies Costing You a Fortune: Inefficiency No. 4 Freight [Video]

2017-03-21T12:00:18-04:00September 2nd, 2015|Categories: Inventory Management, Lean Learning, Lean Manufacturing, Supply Chain, Vendor Managed Inventory (VMI)|

Today, we're going to discuss the many ways freight costs can add up.

Fasteners and Class C Component Supply

Falcon supplies fasteners and inventory management services to manufacturers in North and South Carolina, Kentucky, and the surrounding areas.

Charlotte Office

10715 John Price Road
Charlotte, NC 28273

Phone: 800.438.0332

Mobile: 704.588.4740

Mailing Address

P.O. Box 7429 | Charlotte, NC 28241-7429

Phone: 704.588.4740

Fax: 704.588.5753

Kentucky Office

11536 Commonwealth Drive
Louisville, KY 40299

Phone: 502.266.6292

Fax: 502.526.5567