Accutite Fasteners Vendor Managed Inventory

Accutite FastenersVendor Managed InventoryA Program Designed to Reduce Inventory, Increase Productivity & Lower Your CostsSimple and Visual

1Program OverviewSimple and VisualAccutites VMI Programs are service-drivenEnables us to assume 100% responsibility for all aspects of supply logistics, eliminating lead times, day-to-day headaches, and minimizing inventoryWe take you out of the tedious hardware management businessProviding the lowest total cost of ownership (TCO) Frees you up to focus on your core manufacturing business2Trouble With HardwareOverstockStock OutsMaterial HandlingProgram Implementation Simple and Visual

3Too Much MaterialFear of running outError in planningVendor can take advantageChange in design

Simple and Visual4Not Enough MaterialVendor is lateError in planningLost partsProduction spike

Simple and Visual5Cost of BuyingManufacturing has changed80% of their time chasing parts 20% of their inventory valueCost of buying is greater than the value of the part being bought

Simple and Visual6Cost of Buying

Simple and VisualPurchasing CostsTransfer CostsReceiving CostsCarrying Costs

7Handling the Material

The part goes everywhere but where its needed...Simple and Visual8Vendor Managed InventoryNo material handling No warehousing of excess inventoryReceive exact quantities at the exact timeSupport your manufacturing schedulesSimple and Visual

9About Accutite FastenersDoing business for more than 35 yearsBranches in Long Beach and San Diego Serviced over 80 VMI accountsService-DrivenVeteran Owned

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10Racks, Bins and Labels

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11AccuPakYour part numberPart description Quantity Bar codeLot controlDate delivered

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12Additional Products

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13VMI ProcessSimple and Visual

14Point Of Use (POU)Cell 1Cell 2Simple and Visual

15SOMI (Supplier Owned Managed Inventory)Control of your HardwareCustom, Efficient , FlexibleConsignment Lower your Inventory levelsReduces Your Carrying CostSmall Footprint

Simple and Visual16Inventory Screen

17Dispensing SystemExtends supply chain to point-of-use, cost control no longer ends at back doorEnforces discipline on the shop floor - 100% accountability24/7 distributed, pull system Drives the process to the correct levelProvides automatic replenishment Provides reports that assist in decision makingSimple and Visual

18Servicing The WorldSimple and Visual

19Quality AssuranceSimple and VisualSample and analyze to your print specifications

20Quality AssuranceSimple and Visual21Certified Supplier AwardThrough performance and quality system evaluation, hereby approved to participate in Cannons Certified Supplier Program

Appreciation Award For your outstanding and dedicated service to our partnership

Presidents Award of ExcellenceFor significant contribution to the improvement of design, cost, quality and delivery of fasteners and for superior customer satisfaction

Dock to Stock ApprovalDock to Stock Status Approval applied for the qualified part numbers which comply to QAP 5.6.

21Additional Informationwww.accutite.com

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22Current VMI Partners

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23Why Accutite?ExperienceOver 35 years of VMI history Dedicated VMI vehicle fleet & drivers VMI Staff of Professionals Who Care

Simple and Visual24Why Accutite?PartneringWork together & share ideasContinuous Improvement (Kaizen)Lower the Cost of doing business

Proactive TeamEvaluate usage-to-productionIdentify potential issuesPart Standardization Actively pursue new ideas & manufacturing trends

Simple and Visual25Setup

Seamless TransitionNo major changes!Ease into the new Accutite ProgramReplace labels with newLoose parts into bagExcess inventory to another locationSimple and Visual

26Drivers Log & End Cap Info SheetSimple and Visual

Visual Status

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Account RepresentativeInside Sales

This individual will be a highly experienced fastener expert responsible for day to day management and support of the overall program performance. Responsibilities include:Running Accutite customer material needs analysis, VMI and delivery coordination.Providing oversight of delivery, audit/verification and delivery logistics analysis and support.

Simple and VisualServing as a focal point for communication and understanding immediate needs for your company.Responsible for Accutite delivery and expediting.28Account ExecutiveOutside Sales

This person oversees the VMI program, logistics and processes. He maintains a global perspective and an acute understanding of your goals while providing opportunities for continuous improvement. Responsibilities include: Providing manufacturing support assistance and on-call service to assembly lines.Providing engineering applications and design assistance at your facility.Implementing new program parts (samples, quotations, and alternatives).Drives multiple part consolidation efforts. (reducing part population)

Simple and Visual29VMI Service Technician DriverOn-site AuditorDelivers material directly from Accutite trucks to designated delivery areas.Audits bin levels & responds to production line lead requests.Provides immediate response service for delivery issues.Provides housekeeping of Accutite inventory areas and handling of return items.

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30ConclusionAccutite is not a Me Too companyAccutite has the experienceAccutite has the knowledgeAccutite has the resources to help take your company to the next level of efficienciesAccutite goes the extra mile to help you reach your goalsSimple and Visual31Accutite FastenersVendor Managed InventoryA Program Designed to Reduce Inventory, Increase Productivity & Lower Your CostsSimple and Visual

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