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Inventory Management Brochure...Having stock on hand is a major cost to your business. Excess...

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INVENTORY MANAGEMENT SOLUTIONS STANDARD ELECTRIC SUPPLY CO. MANAGING YOUR INVENTORY SO YOUR BUSINESS CAN RUN AT PEAK EFFICIENCY
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Page 1: Inventory Management Brochure...Having stock on hand is a major cost to your business. Excess inventory has a negative impact on your bottom line, so reducing inventory is one of the

INVENTORYMANAGEMENT SOLUTIONSSTANDARD ELECTRIC SUPPLY CO.

MANAGING YOUR INVENTORY SO YOUR BUSINESS CAN RUN AT PEAK EFFICIENCY

Page 2: Inventory Management Brochure...Having stock on hand is a major cost to your business. Excess inventory has a negative impact on your bottom line, so reducing inventory is one of the

Real-Time Inventory

Engineering Support

Kitting

Product Sourcing

Product Standardization

Advanced Reporting

Stockroom Organization

24-Hour Emergency Service Hotl ine

OUR SERVICES

Provide solutions designed to increase both productivity and profits, directly improving your bottom line.

Handle your inventory and maintain back-up inventory at our facilities.

Keep records of all inventory used.

Eliminate ordering costs, receiving, and stockroom management.

Lower inventory carrying costs by reducing on-hand inventory.

Increase efficiency by eliminating stock outs.

THE ON-HAND INVENTORY YOU NEEDINCREASE PROFITABILITY

“Standard Electric comes in, takes a look at what we need, they deliver it and all we really need to do is sign an invoice.”

Production Manager,OEM Manufacturer

Milwaukee, WI

STANDARD ELECTRIC’S INVENTORY MANAGEMENT SERVICES:

www.standardelectricsupply.com/solutions24-Hour Emergency Hotl ine 1-888-776-3070

“Before Standard Electric came in, we were guessing and forecasting on orders and usages. We were going off of a gut feel, which was cumbersome and hard to track”

Production ManagerOEM Manufacturer

Germantown, WI

Page 3: Inventory Management Brochure...Having stock on hand is a major cost to your business. Excess inventory has a negative impact on your bottom line, so reducing inventory is one of the

BEFORE AFTER

Min/Max Levels

Spike Amounts

On Hand Inventory Dollars

Part Number Index Shipment History

Inventory Turns

Dollars Shipped

ADVANCED REPORTING

Jay Van Geffen, Inventory Services Manager [email protected]

1-800-597-3726

www.standardelectricsupply.com/solutions24-Hour Emergency Hotl ine 1-888-776-3070

Standard Electric’s Inventory Management System helps your business reduce costs and run at peak efficiency.

REDUCE COSTSRUN AT PEAK EFFICIENCY

“The Standard Electric team exemplifies strong partnership. Their sales leaders provides solutions and creative alternatives while the VMI team keep us running. As a customer I also appreciate the cost controls I see in the warehouse operation being run efficiently and their purchasing team battling component manufacturers on our behalf.”

Director of Supply ChainOEM Manufacturer

New Berlin, WI

Page 4: Inventory Management Brochure...Having stock on hand is a major cost to your business. Excess inventory has a negative impact on your bottom line, so reducing inventory is one of the

Profitability

Having stock on hand is a major cost to your business. Excess inventory has a negative impact on your bottom line, so reducing inventory is one of the quickest ways to reduce your need for working capital. When it comes to inventory management, Standard Electric is here to help. With over 100 Vendor Managed Inventory accounts throughout the Midwest, Standard Electric is the expert in managing your inventory directly to your point of use.

Our Inventory Management Team will keep your products organized and in stock to meet your needs.

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LOWER YOUR INVENTORY LEVELS AND REDUCE OPERATING COSTS WITH STANDARD ELECTRIC’S INVENTORY MANAGEMENT

FOR MORE INFORMATION ON STANDARD ELECTRIC’S INVENTORY MANAGEMENT:

MILWAUKEE, WI APPLETON, WI STEVENS POINT, WI MADISON, WI SHEBOYGAN, WI EAU CLAIRE, WICHICAGO, IL CHICAGO RIDGE, IL CHAMPAIGN, IL ROCKFORD, IL WARSAW, IN INDIANAPOLIS, IN


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