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12 INVENTORY MANAGEMENT. 185 ..... www.prenhall.com/heizer. 12.39.
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that minimizes the total expected procurement, inventory holding and lost ... tion planning, inventory control, logistics, information systems, marketing and quality.
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This paper first presents a tutorial overview of inventory management. .... Maximizing the chance of survival of the individual manager's position or of the firm ... related costs, often not even shown in accounting records, are particularly difficul
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BIM. Bossard Inventory Management ... the supply chain and eliminates hidden
and other costs. Reliability. In every ... Proper use is essential and is assured by ...
BIM Bossard Inventory Management
Bossard Inventory Management
Lower your costs Reduce your inventory Increase your productivity
Bossard Inventory Management Cost Savings Potential C-parts generate a considerable outlay in procurement, warehousing and shipping. The costs of procurement are often several times higher than the actual value of
the parts. BIM reduces the complexity of the supply chain and eliminates hidden and other costs.
Logistic
Product
Reliability In every manufacturing company, on time deliveries and product quality have the highest priority. Incorrect, defective, or missing items cause additional costs and may lead to costly line shut downs.
Your rationalization
BIM Product
security
BIM is part of a network of qualified, customer approved suppliers, guaranteeing the highest degree of reliability for products and processes.
BIM without system
other systems
cost reduction
Competence Even C-parts must meet high requirements. Proper use is essential and is assured by working closely with custo-
BIM
mers. BIM supports and strengthens this collaboration.
Customer
Supplier
Flexibility & Modularity Special production requirements, shorter product cycles, changes in the market place and other demands call for a system that can quickly adjust to new circumstances.
BIM, thanks to its flexible modular structure, automatically adjusts to current needs.
BIM comfort
BIM light
BIM easy
BIM econo
BIM
BIM business
BIM standard
BIM | BOSSARD
3
Priority The management of C-parts is seldom part of a manufacturing company’s core competence. Focusing on essentials is what brings lasting success.
competence
BIM provides the time and space needed so partners can devote more time to their real priorities.
BIM without system other systems
freedom
Important Features
How it works
Customers 1
1
Keep control over choice, procurement and quality of the C-parts Remain in close contact with your suppliers
Suppliers 1
1
Fully comply with their technical responsibilities Prevent delivery bottlenecks by keeping a guaranteed minimum inventory
BIM 1
1 1 1
1 1
Takes over responsibility for the supply of your C-parts Manages your inventory Organizes replenishment Provides automatic flow of information Coordinates the flow of goods Creates a consolidated monthly invoice for you
Start up Working together is simpler than you may think: After assessing the current situation (process analysis) you will be provided with a sound, workable solution.
BIM | BOSSARD
4
Bossard Inventory Management BIM - Bossard Inventory Management C-parts management presents a special challenge. The large number of C-parts and their low cost may turn a simple task into a very complex one. C-parts put a heavy burden on various departments in the company. The large numbers of orders unnecessarily strain purchasing, causing receiving to be overloaded with routine work, and
takes up a lot of space. Material flow to the point of use consumes a lot of resources, and assemblers often have trouble finding the C-parts. A missing C-part causes lost time and creates an unnecessary hectic situation. The efficient management of C-parts leads to noticeable and sustainable relief to all departments concerned.
ABC Analysis Industry research shows that the cost of managing C-parts makes up around 50% of the total procurement costs. The actual value of these parts, on the other hand, only represents 5% of the procurement volume.
This is an area that offers an enormous cost savings potential. Bossard logistics systems reduce the amount of work involved in procuring C-parts. Customers can concentrate on their own core activities.
Outlay
Value
20% 80%
30%
50% 15% 5% A-parts
B-parts
C-parts
The 15/85 Rule The cost-effectiveness of a fastener is not only dependant upon the price of the fastener itself, but also the associated costs, such as preparing and assembling all the parts. The price of the fastener only
amounts to about 15% of the total inplace cost of the fastener. The remaining 85% is absorbed by the logistical and technical costs accruing until the moment when the fastener is installed.
100%
85%
15%
5
BOSSARD | BIM
Total In-place Cost Research & Development Procurement Shipping Production Assembly Inspections Fastener