Tight inventory control is essential to meeting our customers’ due dates and reducing costs
At Design Mark, we pride ourselves in manufacturing the highest-quality engineering-based solutions while meeting our customers’ target due dates and providing extremely competitive pricing. To achieve this, we continually seek out ways to drive efficiencies throughout the manufacturing process.
For example, manufacturers walk a tightrope when it comes to inventorying thousands of various components:
- It’s costly – in terms of dollars spent – to purchase excessive items that languish in inventory.
- It’s costly – in terms of meeting target due dates – if an item is not in inventory, must be ordered, and the customer’s project is put on-hold until the item arrives. (Steps may be taken to substitute another item, but this can be fraught with problems.)
When manufacturing companies don’t keep their finger on the pulse, they can tie up thousands of dollars in inventory – and still find they don’t have a specific item when they need it!