Running out of stock, or having too much of it, can pose problems for any company. But the sad truth is many business owners lack the skills needed to find the balance between these opposing scenarios. Inventory management is often seen as a headache, but knowledgeable supply chain managers recognize the necessity of employing the most efficient measures possible.
One of the most critical and complex tasks of inventory management is controlling the ebb and flow of materials in the supply chain. Thriving manufacturers must harmonize upstream supplier activity with downstream customer demands. Accurately and precisely predicting customer demands is no small feat. Avoiding both excesses and shortages of warehouse goods is essential. This quandary unveils the need for efficient inventory management.
Another important component of superior inventory management is providing your customers with “value-added services.” There are hundreds of warehouses and 3PLs in the United States whose job is simply to store manufactured goods. However, premier 3PLs do more. They include additional services, at little or no extra cost. Value-added service 3PLs can help manufacturers improve productivity and lower shipping or labor costs. These 3PLs go the extra mile, transcending the services that readily come to mind when companies are seeking to outsource logistics. This article will detail how inventory management and value-added services can help 3PLs meet exacting customer demands.
The supervision of inventory and stock items is an important component of supply chain management. An accurate accounting of your inventory allows you to know how many units of each item you have in stock. You’ll be aware when your stock is running low, and whether you need to purchase certain items again. A single glance enables you to make wise purchasing decisions promptly. If you can’t answer pertinent questions about your stock instantly, you are missing out on the many advantages of accurate inventory tracking. But, don’t despair. One of the basic functions of supply chain management is ensuring that all activities and functions of your company run smoothly and efficiently.
This is where the experts at JIT Services excel. JIT brings unsurpassed knowledge and experience to the table. Their time-tested inventory management solutions enable your company to deliver on the promises you have made to your customers. With JIT Services, a major boost to your bottom line is not a long shot. It’s a sure bet.
Importance of Value-added Services
Today’s competitive market has sparked a demand for optimal customer satisfaction. That demand continues to grow. Clear-sighted supply chain providers attract and retain clients by adding valuable services to their management process. These bonuses can embody a broad array of services depending on the company or industry. Companies that offer value-added services have certain goals in common. Lower costs and decreased time-to-market are obvious objectives. And improved responsiveness, productivity, and throughput are ultimate goals for all manufacturing enterprises.
JIT Services, which boasts more than 20 years of experience, offers the following value-added services:
- Quality inspection services.
- State-of-the-Art Automated SMT Taping.
- Compliance with EIA481-1A taping requirements.
- Calibrated Peel Force testing capability equipped with an electronic database for SPC and/or customer retrieval. Pocket inspection performed at 100%.
- Nitrogen Purge Capable Packaging
- Mechanical and Electrical Sub-assembly
- Through-hole Taping
- Lead Forming
- Sort and Inspection
- Label and Relabeling Services
- ESD Compliant
- Temperature and Humidity Controlled Environment
As companies expand, they often encounter the growing pains associated with the vacillating needs of their supply chains. 3PLs can offer an extensive network of resources. They can provide significant advantages over in-house supply chain operations.
Customers are left in the lurch when business spikes and supply doesn’t match up to demand. But a lull in business can lead to unnecessary overhead costs. Inventory management solutions can pave the way to smoother transitions during those bothersome market fluctuations.
Additionally, 3PL can offer bonuses. And who doesn’t love a bonus? These value-added services bring inestimable value to the supply chain. Partnering with trusted 3PL presents businesses with limitless advantages. But remember, not all 3PL are created equal. Choose a provider whose characteristics ensure that they can deliver. Choose a 3PL who is passionate about your business. Contact JIT Services, the experts in inventory management.