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• Total Cost of Ownership Program
o As customers become larger and face margin pressure, they transition their focus from Products to Solutions. The transition goes from the price of the part to the total cost of ownership from quoting, purchasing, receiving, warehousing, quality, etc. FSR can work with you to review and assess the direct costs associated and create a program specifically for your daily product demands.
• Vendor Managed Inventory Programs (VMI)
o Offers customers the tools to transition from customer to vendor managed inventory programs. This is a very common and easy to implement program designed around your current business platform whether manual or automated.
• KANBAN/JIT/Dock-to-stock
o Commonly used programs for cost reduction as it directly relates to the Just in Time management of inventory.
o Kanban is a signaling system to trigger action. As its name suggests, kanban historically uses cards to signal the need for an item. However, other devices such as plastic markers or an empty bin can also be used to trigger the movement, production, or supply of a unit in a factory.
o A simple 2 bin Kanban can be implemented to lower inventory from months to weeks to days.
• Product Integration (Assembly)
o Florida Seal & Rubber works with our customers to lower there cost of doing business and maximize there operating efficiencies by performing product integration/final assembly functions.
• Custom Kitting
o Replacement repair kits for cylinders, valves or specific to a customers product repair demand.
• Unit Pack
o With rising direct and indirect costs, customers find it costly to individually package product for internal or field repairs and replacements. FSR provides this service to include custom labels or bar coding per your requirements.
• Custom Labels
o Labels should not only look professional but represent precise information that the customer requires for automated shipping and receiving programs. FSR has the ability to customize a label with your name, part number, supplier part number, description, batch, cure, etc.
• Consolidation
o Consolidation of lines items and products is becoming more common with the current escalation of fuel costs that directly affect the incoming and outgoing freight expense.
• Bar Coding
o Key information such as purchase order number, part number, batch and cure are common Bar Code items. Scanning a barcode labeled bin/bag is a very cost effective way to begin the reorder or receiving process.
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