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

Packaging Equipment Manufacturer 2017-03-21T12:00:40+00:00

Project Description

Situation

A manufacturer of Packaging Equipment utilizes Kanban programs for managing production components. They send automated replenishment orders to their suppliers. The orders are filled and the material is delivered to them on the specified due dates (lead-times are from 2 to 5 days depending on the supplier and the part). They utilize internal labor to; receive the parts, deliver and stock the parts in their designated locations throughout the plant.

Falcon solution

To reduce their investment in on-hand inventory Falcon implemented a one-day lead-time on the Kanban parts we supply. Additionally, we eliminated internal customer labor used for receiving, distributing, and stocking the parts. Falcon is the only supplier providing in-plant point-of-use stocking service. Falcon stocks all the Kanban parts in our warehouse and closely monitors usage to ensure product is always readily available to meet the single day lead-time

Falcon results

With Falcon delivering and stocking the product, inventory is available for use in production up to 3 hours earlier each day.
With our next-day delivery lead-time—combined with the earlier product availability— the customer was able to reduce the amount of Kanban cards on a majority of the 127 part numbers Falcon provides. This resulted in approximately $3,500 in inventory reduction & carrying cost savings.
Falcon delivers and stocks the kanban parts directly at their point-of-use locations in the plant, eliminating over 20hrs. a month of internal labor.

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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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