The costs of excess inventory can be huge: These may include freight in, storage costs, insurance expenses, external or internal theft, obsolescence, spoilage, and taxes. Studies have shown that the annual additional cost of holding excess inventory can be 25 percent to 32 percent.The bottom line: The more inventory you have on hand, the greater the amount of the business’ capital is tied up. One way to control excess inventory and try to optimize it is by eliminating early supplier's shipments.
We suggest the following approach for controlling suppliers inbound shipments:.Read the full blog...
Years of operation
PO's managed every week
Who are extremely in love with our systems..
This is a Portal that Moog suppliers use to automatically up-date our system. From our perspective it's a very useful tool in so much as it up-dates our system automatically and highlights any issues. It means that we don't have to keep chasing our suppliers for up-dates, if everything is ok.
For Ofek, this unique solution of cutting edge technology and a proven methodology based on 30 years of experience, is a winning combination for us
In a demanding industry like the Aerospace industry, being 100% on time is critical. This Delivery Assurance services are helping us achieve our goals and grow our business year over year.