A Program Designed to Reduce Inventory, Increase Productivity & Lower Your Costs Simple and Visual Program Overview •Accutite’s VMI Programs are service-driven •Enables us to assume 100% responsibility for all aspects of supply logistics, eliminating lead times, day-to-day headaches, and minimizing inventory •We take you out of the tedious hardware management business •Providing the lowest “total cost of ownership” (TCO) •Frees you up to focus on your core manufacturing business Simple and Visual Trouble With Hardware Overstock Stock Outs Material Handling Program Implementation Simple and Visual Too Much Material Fear of running out Error in planning Vendor can take advantage Change in design Simple and Visual Not Enough Material Vendor is late Error in planning Lost parts Production spike Simple and Visual Cost of Buying Manufacturing has changed 80% of their time chasing parts 20% of their inventory value Cost of buying is greater than the value of the part being bought Simple and Visual Cost of Buying Purchasing Costs Transfer Costs Receiving Costs Carrying Costs Simple and Visual Handling the Material The part goes everywhere but where it’s needed... Simple and Visual Vendor Managed Inventory No material handling No warehousing of excess inventory Receive exact quantities at the exact time Support your manufacturing schedules Simple and Visual About Accutite Fasteners Doing business for more than 35 years Branches in Long Beach and San Diego Serviced over 80 VMI accounts Service-Driven Veteran Owned Simple and Visual Racks, Bins and Labels Simple and Visual AccuPak • Your part number • Part description • Quantity • Bar code • Lot control • Date delivered Simple and Visual Additional Products Simple and Visual VMI Process Simple and Visual Point Of Use (POU) Simple and Visual SOMI (Supplier Owned Managed Inventory) Control of your Hardware Custom, Efficient , Flexible Consignment Lower your Inventory levels Reduces Your Carrying Cost Small Footprint Simple and Visual Dispensing System Extends supply chain to point-of-use, cost control no longer ends at back door Enforces discipline on the shop floor 100% accountability 24/7 distributed, “pull” system Drives the process to the correct level Provides automatic replenishment Provides reports that assist in decision making Simple and Visual Quality Assurance Sample and analyze to your print specifications Simple and Visual Quality Assurance Dock to Stock Approval “Dock to Stock Status Approval applied for the qualified part numbers which comply to QAP 5.6.” Certified Supplier Award “Through performance and quality system evaluation, hereby approved to participate in Cannon’s Certified Supplier Program” Simple and Visual Appreciation Award “For your outstanding and dedicated service to our partnership” President’s Award of Excellence “For significant contribution to the improvement of design, cost, quality and delivery of fasteners and for superior customer 21 satisfaction” Additional Information www.accutite.com Simple and Visual Current VMI Partners Simple and Visual Why Accutite? Experience Over 35 years of VMI history Dedicated VMI vehicle fleet & drivers VMI Staff of Professionals Who Care Simple and Visual Why Accutite? Partnering Work together & share ideas Continuous Improvement (Kaizen) Lower the Cost of doing business Proactive Team Evaluate usage-to-production Identify potential issues Part Standardization Actively pursue new ideas & manufacturing trends Simple and Visual Setup Seamless Transition No major changes! Ease into the new Accutite Program Replace labels with new Loose parts into bag Excess inventory to another location Simple and Visual Visual Status Drivers Log & End Cap Info Sheet Simple and Visual Account Representative Inside Sales This individual will be a highly experienced fastener expert responsible for day to day management and support of the overall program performance. Responsibilities include: Running Accutite customer material needs analysis, VMI and delivery coordination. Providing oversight of delivery, audit/verification and delivery logistics analysis and support. Serving as a focal point for communication and understanding immediate needs for your company. Responsible for Accutite delivery and expediting. Simple and Visual Account Executive Outside Sales This person oversees the VMI program, logistics and processes. He maintains a global perspective and an acute understanding of your goals while providing opportunities for continuous improvement. Responsibilities include: Providing manufacturing support assistance and on-call service to assembly lines. Providing engineering applications and design assistance at your facility. Implementing new program parts (samples, quotations, and alternatives). Drives multiple part consolidation efforts. (reducing part population) Simple and Visual VMI Service Technician Driver—On-site Auditor Delivers material directly from Accutite trucks to designated delivery areas. Audits bin levels & responds to production line lead requests. Provides immediate response service for delivery issues. Provides housekeeping of Accutite inventory areas and handling of return items. Simple and Visual Conclusion Accutite is not a “Me Too…” company Accutite has the experience Accutite has the knowledge Accutite has the resources to help take your company to the next level of efficiencies Accutite goes the extra mile to help you reach your goals Simple and Visual A Program Designed to Reduce Inventory, Increase Productivity & Lower Your Costs Simple and Visual