Case Study
Tier 1 Supplier Eliminates $14,000 Through Stocking Program
Tier 1 Supplier Eliminates $14,000 Through Stocking Program Eric Toth Executive Summary A tier-one, construction parts supplier tasked FlexPAC to create a solution that would help protect their reputation with their customer. The supplier was previously purchasing foam pouches but constantly had to place orders with separate companies almost every two weeks due to a 4-5 week lead time. By helping to provide a just-in-time (JIT) delivery system and stocking program, FlexPAC was able to eliminate $14,000 of unnecessary costs. Challenges Before working with FlexPAC, the supplier was purchasing foam pouches that would protect parts they sent to their customer. Due to the high number of constant orders and quantity, they were experiencing leads times of 4-5 weeks. With the increase in lead time