Let us take you through some of the key features of our inventory management process:
Vertical Lift Module (VLM):
To store our excess inventory, we employ the cutting-edge Vertical Lift Module (VLM). This automated storage system utilizes vertical space efficiently, allowing us to maximize storage capacity while minimizing floor space. Check out the video below to see the VLM in action.
Managing Thousands of SKUs:
We handle a wide range of products, with thousands of Stock Keeping Units (SKUs) under our management. This extensive inventory enables us to cater to various industries and fulfill diverse customer requirements promptly.
Each part in our inventory is assigned a unique barcode for efficient tracking. By scanning barcodes, we can easily locate and trace items, monitor stock levels, and ensure accurate inventory management throughout the supply chain.
Integration with MRP System:
Our VLM seamlessly integrates with our unique/custom Material Requirements Planning (MRP) system. This integration enables real-time synchronization between inventory levels and production demands, streamlining our operations and minimizing stockouts or overstocks.
X-ray Counter for SMT Parts Verification:
To ensure precise inventory counts of Surface Mount Technology (SMT) parts, we employ an advanced X-ray counter. This technology allows us to verify the quantities of components with utmost accuracy, maintaining quality control and minimizing discrepancies. The following video will provide you with a deeper understanding of our meticulous inventory verification process.
Top-Tier Vendors and Distributors:
We prioritize sourcing our parts from reputable top-tier vendors and distributors. This commitment ensures the authenticity, quality, and reliability of the components we stock, providing our customers with the best possible products.
Extensive Broker Network:
In addition to our regular suppliers, we maintain a vast and thoroughly vetted broker network. This network allows us to source parts from various channels, offering flexibility and agility in fulfilling customer orders. Any parts we acquire from our broker network undergo rigorous certification and extensive testing before they are used in our inventory. This stringent process ensures that only reliable and high-quality components are included in our stock.
Continuous Audits and Full Inventory Counts:
We conduct regular audits of our inventory to ensure accuracy and identify any potential discrepancies. Our dedicated team performs full inventory counts to maintain an up-to-date and reliable inventory record, enhancing our overall operational efficiency.
First-In, First-Out (FIFO):
To optimize inventory turnover and minimize the risk of obsolescence, we follow the First-In, First-Out (FIFO) principle. This method ensures that older stock is used or sold first, reducing the chances of wastage or excess inventory.