Expedited VMI Implementation2020-10-06T08:35:28-04:00

Project Description

Situation

A new client decided to replace its an incumbent supplier with Falcon.
The incumbent refused to support the12 week planned transition. Without notice, the incumbent supplier immediately stopped serving the client.
Neither the incumbent nor the client has sufficient part specifications or consumption history.

Solution

Falcon expedited the transition process, including pulling samples, building item descriptions, and taking inventory, while managing all necessary rush orders.

Results

  • Falcon successfully responded to ~30 unique unplanned rush orders over a 3 week period, that resulted from the incumbent supplier halting service.
  • Avoided approximately 48 hours of downtime over a 3 week period.
  • Reduced on-hand inventory ~35.7%
  • Reduced physical inventory footprint by ~25%
  • Eliminated ~8 hours of procurement time per week.
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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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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