Working with a financially capable manufacturer on inventory management systems for your EC fans and motors is a great way to reduce costs and improve efficiency. Not only that but with the new world we live in, the most important aspect of these programs is that we can drastically reduce your lead time at no additional cost to the customer. For more than 20 years, our parent company, Epec Engineered Technologies, has been working closely with customers so that they can get the best of both worlds – very competitive prices and short lead times.
EC fans and motor parts require a specific inventory management system to handle the unique challenges associated with their production and distribution. In addition to general inventory management systems, specific inventory management strategies such as kanban, blanket orders, and consignment can be effective for custom built-to-print electronic parts.
With this breadth of capabilities, EC Fans & Drives is uniquely placed to drive down your real acquisition and operating costs and reduce lead times. With all these programs, our goal is to reduce your lead time to effectively one day as once the product is manufactured and in stock, you can have it the next day.
Kanban is a popular inventory management system ideal for custom built-to-print electronic parts. The system is based on a just-in-time (JIT) production philosophy and involves using visual signals, such as cards or bins, to trigger inventory replenishment. When a specific number of electronic parts are used or sold, a signal is sent to the supplier to replenish the inventory.
Kanban is particularly effective for EC fan and motor parts as it allows businesses to manage inventory levels efficiently and avoid overproduction. By using a Kanban system, businesses can also reduce lead times, optimize production schedules, and minimize waste.
Blanket orders are another inventory management strategy that can work well for EC fans and motors. A blanket order is a long-term agreement between a business and a supplier to purchase a specified quantity of electronic parts over a set period. Blanket orders provide businesses with a guaranteed supply of electronic parts, while suppliers benefit from stable demand for their products.
Blanket orders can be particularly effective as they allow businesses to manage inventory levels more efficiently and reduce lead times. By agreeing to purchase a specific quantity of parts over a set period, businesses can ensure they have the necessary parts available for production without overstocking.
Consignment inventory is a strategy where a supplier provides parts to a business, and the business only pays for the parts when they are sold or used. Consignment inventory is an effective strategy for businesses that need to manage inventory levels but do not have the financial resources to purchase large quantities of parts upfront.
Consignment inventory can be particularly effective for EC fans and motors, as it allows businesses to manage inventory levels without taking on the financial risk associated with purchasing large quantities of parts upfront. By using consignment inventory, businesses can also reduce lead times and minimize the risk of obsolescence.
EC Fans & Drives can manufacture products on a consignment basis. Inventory may be stocked at either your facility or at our warehouse.