Customized Component Management Programs can save you more than 20%. Schedule a site assessment today to find out how!
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Although other companies offer VMI, Fast-Rite provides a turnkey component management service. Fast-Rite’s Genius Component Management programs can typically realize savings of more than 20%, with additional hard cost savings.
We can help you optimize the way you operate your business, consolidate inventory and eliminate supply chain material and labor handling redundancies — increasing your profits and lowering your overhead.
our real-time, lean distribution-based inventory management technology:
- Ensures accuracy and timeliness
- Increases control and visibility of your inventory
- Reduces warehouse costs.
It’s lean distribution at its best!
Multiple Genius Component Management Options Customized to Fit Your Requirements
- Customer E-portal: For those who prefer a self-managed solution.
- Total VMI: We deliver directly to your factory floor, line, cell or point-of-use.
- Site Management/Man-In-Plant
With our high-volume Genius programs, we can establish a dedicated in-plant presence with specially trained personnel to perform customer data collection, organization, delivery, put-away, and MRP processing so you can minimize transactional and labor load.
High-Volume Genius Program Features
- MRP data reviews and forecast analysis
- Purchase order minimization and auto-processing
- Inventory level monitoring and restocking
- Automatic, consolidated invoicing
- Goods pre-receiving
- JIT delivery and replenishment to the production line or work cell
8 Big Benefits of Component Management
- Minimize inventory footprint
- Maximize production space
- Eliminate need for safety stock
- Manage & reduce waste
- Eliminate MRP
- Reduce administration, inventory and expediting soft costs
- Ensure stock arrives at point of use when you need it
- Consolidate purchasing and billing