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Logistics & Asset Management

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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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