We can now implement kanban / consignment stock management for cnc turned parts. Our company operate these systems with some of our existing customer base which has proven to be very successful. This system is mainly operated with our automotive customers. We have also implemented systems into customers in other sectors more recently. Due to the capability of our cnc turning machines this has become an important part of our business. Thus allowing us to keep our customer base happy with regard to on-time delivery and reduced monthly spend. With this model our customers only pay for the goods they have used during the calendar month.
In essence, the aim is to manage our customers demands so that product is in place when required. This is worked on a weekly/monthly basis helping to prevent over stocking of components. Many of our existing customer base also feel that this saves on their own labour costs by having their supplier monitoring and controlling stock management through a logical means.