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

Control Valves Manufacturer 2017-04-19T13:57:40+00:00

Project Description

Situation

A manufacturer of regulators, valves and fittings has relied on Falcon Metal as their key fastener and Class C component supplier at 3 facilities for over 15 years. One facility utilized Falcon’s VMI program and the other two facilities did purchase and release orders. In 2012 they expressed an interest in implementing a consistent VMI supplier program in all 3 facilities. They also wanted to reduce the amount invested for maintaining on-hand inventory.

Falcon solution

Working with the customer’s stated goals, Falcon incorporated a consigned inventory program at the VMI service facility to reduce their investment in on-hand inventory and to lower their carrying cost expense. With the VMI program, resources are not required to order, receive, or stock the products.

Results

The goals set by the customer have all been met with this solution. The plans are to expand this program to the other 2 facilities.

Benefits

  • Reduced inventory investment
  • Maintain adequate in-stock inventory to meet production needs
  • Lower carrying cost expense

Benefits with the two future vmi programs

  • Reduce inventory investment
  • Maintain adequate in-stock inventory to meet production needs
  • Lower carrying cost expense
  • Reallocation of internal labor utilized to order, receive, and stock parts
  • Reduce Accounting time
  • Consistent supplier program for all 3 facilities
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Reliable Stock™ Lean VMI Solutions by Falcon

Falcon’s Reliable Stock™ lean VMI program delivers 100% production uptime efficiency, while lowering your overall inventory investment in class C production components and fastening supplies. Find Your Solution Today!
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