Issue #8 - Improving the Inventory Management Process
10/12/2015
October 8, 2015
Waste Not, Want Not
Improving the Inventory Management Process
Nick Noskowiak - Marketing Assistant & Tina Gabrielson - ePlus Manager
Manufacturing has been modernized by process efficiencies and innovative production techniques. OEMs are making products in a business environment much different than one from a decade or even five years ago. Since product assembly processes are continuously improving, shouldn’t the way supplies and inventories are managed improve as well? A passive or mismanaged approach to inventory can lead to costly issues for manufacturers of any size.
One common story for example, inventory is acquired by a purchasing agent when an employee arrives at their desk with an empty tube, pail or bottle of adhesive stating, “We are completely out of this.” It is at this time the agent calls their vendor to place a new order for that item. Two days later, another employee comes in with a different adhesive tube, pail, bottle, etc. saying the entire stock has expired and cannot be used. The agent calls the same vendor to place an additional order, asking for both orders to be rushed because manufacturing is at a slower pace because these two items are not available. This type of reactive, “place and chase” approach to inventory management can lead to excessive overheads, multiple spreadsheets and sign-out logs, multiple orders, expediting costs and time consuming searches in the stock shelves.
If the above sounds all too familiar, we invite you to read Waste Not, Want Not - Improving the Inventory Management Process. There might be a solution to your inventory woes.
Click here to read "Waste Not, Want Not"
Product Update
Henkel LOCTITE GC 10
In the March 2015 issue of "Bone Lines from The Glue Doctor," we introduced 
LOCTITE GC 10, the first-ever temperature stable solder paste from Henkel. Since then, there have been over 1,000 sample requests and it seems LOCTITE GC 10 is living up to its name of "game changer".
Below are a few testimonials from those who have tested GC 10. If interested in testing it out for yourself, contact Ellsworth Adhesives at 1-800-888-0698.
"The paste has given us nothing but perfect, consistent results with no refrigeration. In our evaluation, LOCTITE GC 10 came out of the jar perfect and the results at 60 hours were just as good as they were an hour after opening the jar" - Matt Polak, Raven Systems Design
"There is no taking it out of the refrigerator hours before a shift, no complex labeling and, best of all, start-up time is zero." - Chris Murphy, Morey Corporation
Upcoming Events
Aircraft Interiors Expo
November 4 - 5
Seattle, WA
Booth #325
MD & M Minneapolis
November 4 - 5
Minneapolis, MN
Booth #736
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