What are the benefits of a FAST-SERV Inventory Management Program? First and foremost, FSC professionals in Inventory Management offer decades of experience and broad resources in serving your procurement needs. Your purchasing department is more productive when the burden of monitoring low dollar, high volume parts is managed by our inventory professionals, allowing your personnel to focus on higher value products to attain savings in commodities which yield a greater impact on your profitability. Cost savings are immediately realized when costly individual purchase orders for low dollar purchases are consolidated under a blanket agreement. FSC personnel process all orders for products and assure the parts are received in a timely manner, plus perform expedite functions as required. As a Dock to Stock Program, FAST-SERV eliminates the need for incoming receiving to handle the product, Quality Control no longer need expend valuable time inspecting low value parts since FSC performs three quality checks on each item to guarantee the correct parts are delivered to your production line, and stock room personnel no longer have to replenish floor stock bins as this is completed by Fastener Service personnel.
In addition, FAST-SERV is a tool to maintain control over the commodities supplied through the use of periodic reports detailing total product usage, frequency of order by item, and total dollar expenditures. FSC can also tailor a program to isolate usage for specific production lines within your facility for allocation of expenses.
When entertaining a Supplier Managed Inventory Program, the supplier you select for this Strategic Alliance must possess a proven record of performance with their "Partners" and a financial foundation of stability that insures an uninterrupted supply of product and longevity as relationships such as these are as a matter of course long term for the mutual benefit of the parties concerned. Fastener Service Corporation's strong financial position and proven reliability with our Partners is a matter of record as reported by Dun & Bradstreet. Additional references are available upon request upon qualification by FSC personnel.