We have been using Fastenal ( www.fastenal.com ) for awhile now and it is working pretty well. Most of the common stuff is on a "keep full" bin basis where we always have what we need and they come re-fill the bins and bill us for the usage. Zero lead time but no inventory carrying costs. Also, because of our vaolume for lots of items being consolidated overall costs have been reduced from when we used a dozen or so sources.
-Todd C.
-----Original Message-----
From: p_ksmith [mailto:psmith@...]
Sent: Wednesday, May 26, 2004 8:40 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Vendor agreements
I am reviewing how we order and store all of our
hardware and would like to get some comments from the
group. First some background. We are a job shop, we
have some predictable job, some jobs that span years
between orders and some jobs that are one time builds.
For years the company has used economy of scale to
purchase hardware, and has dealt with the min buy
problems, all of this I believe has in part increased
our inventory carrying cost for hardware. Here is what
I believe is a solution or at least a step in the
right direction. I want to single source our hardware
purchases. By single sourcing the vendor would reap
the benefits of receiving 98% of all our hardware
orders. In return for this commitment I would hope to
remove the min buy problem and reduce or eliminate
carrying the hardware in the first place. Lead-time
for most hardware is well within our acceptable levels
and most of our hardware orders are what I call off
the shelf (common hardware). Has anyone else
negotiated vendor / manufacturing agreements? If so
what tips or advice could you give.
Thanks
Paul H. Smith
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and Crystal Reports and other 'goodies', please goto: http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto: http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto: http://groups.yahoo.com/group/vantage/links
Yahoo! Groups Sponsor
ADVERTISEMENT
<http://rd.yahoo.com/SIG=129o9gdo5/M=295196.4901138.6071305.3001176/D=groups/S=1705007183:HM/EXP=1085665200/A=2128215/R=0/SIG=10se96mf6/*http://companion.yahoo.com> click here
<http://us.adserver.yahoo.com/l?M=295196.4901138.6071305.3001176/D=groups/S=:HM/A=2128215/rand=615266074>
_____
Yahoo! Groups Links
* To visit your group on the web, go to:
http://groups.yahoo.com/group/vantage/
* To unsubscribe from this group, send an email to:
vantage-unsubscribe@yahoogroups.com <mailto:vantage-unsubscribe@yahoogroups.com?subject=Unsubscribe>
* Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service <http://docs.yahoo.com/info/terms/> .
[Non-text portions of this message have been removed]
-Todd C.
-----Original Message-----
From: p_ksmith [mailto:psmith@...]
Sent: Wednesday, May 26, 2004 8:40 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Vendor agreements
I am reviewing how we order and store all of our
hardware and would like to get some comments from the
group. First some background. We are a job shop, we
have some predictable job, some jobs that span years
between orders and some jobs that are one time builds.
For years the company has used economy of scale to
purchase hardware, and has dealt with the min buy
problems, all of this I believe has in part increased
our inventory carrying cost for hardware. Here is what
I believe is a solution or at least a step in the
right direction. I want to single source our hardware
purchases. By single sourcing the vendor would reap
the benefits of receiving 98% of all our hardware
orders. In return for this commitment I would hope to
remove the min buy problem and reduce or eliminate
carrying the hardware in the first place. Lead-time
for most hardware is well within our acceptable levels
and most of our hardware orders are what I call off
the shelf (common hardware). Has anyone else
negotiated vendor / manufacturing agreements? If so
what tips or advice could you give.
Thanks
Paul H. Smith
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and Crystal Reports and other 'goodies', please goto: http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto: http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto: http://groups.yahoo.com/group/vantage/links
Yahoo! Groups Sponsor
ADVERTISEMENT
<http://rd.yahoo.com/SIG=129o9gdo5/M=295196.4901138.6071305.3001176/D=groups/S=1705007183:HM/EXP=1085665200/A=2128215/R=0/SIG=10se96mf6/*http://companion.yahoo.com> click here
<http://us.adserver.yahoo.com/l?M=295196.4901138.6071305.3001176/D=groups/S=:HM/A=2128215/rand=615266074>
_____
Yahoo! Groups Links
* To visit your group on the web, go to:
http://groups.yahoo.com/group/vantage/
* To unsubscribe from this group, send an email to:
vantage-unsubscribe@yahoogroups.com <mailto:vantage-unsubscribe@yahoogroups.com?subject=Unsubscribe>
* Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service <http://docs.yahoo.com/info/terms/> .
[Non-text portions of this message have been removed]