1. How it works
Initiation stage (Customer Input required)
- We take the entire BOM
- We get target prices / budget from customer
- Proper timeline planning
2. What we do
We will endeavor to only keep stock on consignment contracts
3. The Details
- We engage with all suppliers/ manufacturers and customer’s procurement department
- We do all the quotes (Approval has to come from the supplier)
- We keep all the technical records and contracts entered into with manufacturers/ distributors
- We will keep 1 month’s stock (consignment) on our shelves.
- We will place orders with all the manufacturers/ distributors on call off
- Any problems arising with manufacturers and / distributer i.e. shortage or price increase will be relayed to the customer
- Should the customer have contracts in place with manufacturers / distributors we will include this in our portfolio
- Regular price comparisons will be done to ensure minimum expenses.
4. Benefits to Customer
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- Delivery will be done from one warehouse once a month, minimizes logistical issues and cost.
What problem (in the market) is your product /service solving?
The success of this system is reliant upon:
Communication
Organization
Excellent Forecasting
- Transactions will be completely transparent.
- One invoice will generated (Accounts functions will be minimized)