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| For more information about H&H Swiss, please visit our website at www.hhswiss.com. | |
| If you’d like to talk about how H&H Swiss can partner with you to manage your physical inventory and related costs, please contact Brett Hardman at (800) 826-9985 x111 or email him at bhardman@hhswiss.com. | |
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Heading to Zero Inventory... Here's How. |
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 | Let's face it – we're all too well aware that inventory management is a daunting task. Making sure you have the right quantity of the right part at the right time requires vigilant attention to details. The new "normal" is constantly accelerating production schedules to meet increasing expedites by customers, while reducing inventory costs. And, although you can calculate the additional production costs associated with a missing part, failing to meet a scheduled ship date can cost you a valuable customer. | |
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 | At H&H Swiss, after listening to this story many times, we developed four innovative inventory management solutions to the "How can I better manage my inventory?" dilemma. Chances are you'll find one of these solutions addresses your particular needs. | |
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| 1. Blanket Orders |
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This program provides flexible releases of component parts over a scheduled time period, usually 52 weeks. We'll warehouse your inventory and ship product to you as needed. The benefits of this program include: |
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Reduced raw material costs because we're purchasing larger quantities for a one-time run |
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Reduced manufacturing costs because set-up costs are distributed over larger quantities |
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Greater floor space utilization because we house your inventory |
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Process stability – annual quantities run continuously one time |
| 2. Consignment Inventory |
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When you need access to your inventory "on-demand," consignment inventory offers immediate use of components that are housed in your company's facility. Actual invoicing takes place when your components are issued, not when they're delivered, and batch processing of invoices minimizes paperwork. |
| 3. Vendor Managed Inventory |
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H&H Swiss assumes responsibility for your inventory and our representative becomes your "virtual employee." Using your planning tools and forecasts, we ensure that the necessary safety stock is on-hand and available so that production schedules are met. Through this program, we function as your knowledgeable and trusted partner – one who is capable of identifying alternative manufacturing processes that can reduce costs and improve component quality. |
| 4. Master Supplier |
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With our Master Supplier managed inventory program, H&H Swiss assumes responsibility for your company's inventory management across diverse product lines at multiple locations. We'll manufacture or source your custom components to assure best value. |
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