A Levac Customized Inventory Solution with both a Smart Drawer system and Coil Machine was implemented.
We've successfully implemented a new inventory management system that eliminates the need for after-hours on-site personnel. This system ensures that required items are always readily available on the shop floor. Our vending software automatically tracks all transactions and generates reports to maintain optimal stock levels in the vending machine.
Phase 1 Success: The initial phase of this project proved highly successful. The automated system effectively manages inventory, reducing the need for manual tracking and order placement.
Phase 2 Enhancement: To further streamline our process, we integrated a barcode scanner into the system. This enhancement provides more granular inventory tracking and generates separate reports using the same software, offering even greater precision and efficiency.
Significant Cost Savings: Data shows that implementing vending solutions consistently results in substantial cost savings, ranging from 20% to 30%. This system is a testament to our commitment to efficiency and resource optimization.
A major manufacturer in the aerospace industry required the on-going supply of custom cutting tools with long lead times (i.e. 16-18 weeks) and high price points.
Levac was able to procure the tooling at preferred pricing in volume, stock the products, monitor and replenish in smaller lots to the manufacturer on a weekly basis.
Levac Supply implemented a comprehensive cost-reduction strategy for a manufacturer, resulting in substantial savings over the course of a year. This was achieved through a two-pronged approach:
1. Optimized Tooling Procurement:
Competitive Pricing: Negotiated competitive unit pricing on tooling, directly reducing procurement costs.
Reduced Lead Times: Ensured on-demand product availability, minimizing downtime and expediting production.
2. Extended Tool Life with Sharpening/Regrind Program:
Cost-Effective Maintenance: Levac Supply implemented a sharpening and regrind program for the manufacturer's tooling, significantly extending the life of existing tools at a fraction of the replacement cost.
Quantifiable Results: The combined effect of these strategies resulted in thousands of dollars in overall savings for the manufacturer over a one-year period.
This success underscores Levac Supply's commitment to providing cost-effective solutions and maximizing value for its clients.
A large manufacturer in Eastern Ontario was troubled with regular stock outs on several critical supplies and were experiencing internal purchasing difficulties with replenishment.
Levac implemented a comprehensive blanket order system for the customer's key commodities. This involved establishing pre-negotiated volume pricing and managing substantial inventories, ensuring continuous supply. Levac took full responsibility for replenishment, delivery, and product organization, including storage and labeling.
The customer experienced a significant improvement in their supply chain. Purchasing and acquisition challenges were completely eliminated, resulting in zero stockouts and substantial cost savings due to the secured volume pricing. The reorganized storage and labeling system further enhanced efficiency and streamlined operations.
Let's talk about where we can fit in and how can we bring value to your business.
Contact →
Give us a call, send us an email or visit us in our two locations. We will be happy to see you and add value to your projects.