Inventory Management
INVENTORY MANAGEMENT SERVICES OFFERED BY THE GUND COMPANY FOCUS ON MINIMIZING LEAD TIMES WHILE REDUCING INVENTORY CARRYING COSTS.
The Gund Company’s delivery reliability performance is typically 99% or better. Our delivery performance record is tracked for every single order and every shipment.
The Gund Company consistently ranks as an industry leader in quality and on-time delivery.
Supply Chain Solutions Include:
Blanket Order Program
- The customer furnishes estimated annual usage (EAU) rates, which allows us to offer cost savings by maximizing our production efficiency and adjusting optimal lot sizes.
- The customer releases orders in any quantity with the shipment being made within 1–3 days of order release by the customer.
Kanban Program / VMI (Vendor Managed Inventory)
- The customer establishes minimum and maximum stock levels on their shop floor.
- Either the customer or The Gund Company monitors inventory levels providing releases against a blanket order, without generating a new purchase order.
- The Gund Company invoice documents the purchase order, packing list, and delivery confirmation receipt.
Consignment Program
- The customer indicates estimated annual usage (EAU) of particular items and creates minimum and maximum inventory levels by item, typically 1 to 2 weeks minimum inventory.
- The Gund Company establishes the initial stock level at the customer’s location.
- The customer or The Gund Company monitors inventory levels to maintain appropriate levels.
- The Gund Company invoices customer-based customer consumption reports and ships to replenish inventory levels.
EDI (ELECTRONIC DATA INTERCHANGE)
ASN (ADVANCE SHIPPING NOTICE)
- Drastically reduces purchase order processing times, for both customer and supplier
- Removes the need to retype data which eliminates costly data entry errors manually
- Live information for decision-making and planning
- Increased accuracy and ROI
DRAWING/PRINT SHARING (3D MODELS / STEP / IGES)
- Reduces design to the production cycle
- Easily calculates volumes and complex geometries
- Reduces programming cost
CUSTOMER INTEGRATION PROGRAM
- Reduces design to the production cycle
- Easily calculates volumes and complex geometries
- Reduces programming cost
The Gund Company’s supply chain solutions can be adjusted to meet any customer’s particular needs. If you are interested in an inventory management program, please contact us to discuss the program details.
