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• Logistics Management - Directly Impacts your bottom line
o Financial – Cash Conversion Cycle
This is a key measurement when reviewing the total cost of ownership of a product or inventory. FSR has the knowledge and programs to reduce your cash conversion cycle as it directly relates to your seal & gasket product demands.
o Inventory – Reduction
Reduces on-hand inventory
Eliminates obsolete inventory
Improves Inventory turns
Standardizes order quantities
Accurate processing of part numbers
o Scheduling & Material Flows
Eliminates repetitive bidding
Reduces order processing
Minimizes purchasing time
Maintain economical order quantities (EOQ)
o Operations – Lower Direct Cost
Eliminate paperwork or filling
Consolidate billing
Minimize inventory storage requirements
Pre-established RMA policies
Standardize procedures
o Quality Control
Reduce or eliminate incoming inspection
Eliminate order errors
Improved vendor quality control
As the Customers become larger and face margin pressure, they transition their focus from Products to Solutions that distribute value to there bottom line.
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