Summary: Hi-Tech Extrusions, an industry leader in custom-engineered thermoplastic profile and tubing extrusions, leveraged their advanced vendor management software to solve a pressing inventory challenge for a large OEM manufacturer of garage doors with multiple locations. By setting up an automated, real-time inventory and production scheduling system accessible across all locations, Hi-Tech Extrusions empowered the OEM to consolidate inventory, increase company-wide order amounts, and realize cost savings due to consolidated manufacturing.
Industry: OEM Garage Door Manufacturing
Category: Inventory management and Software Implementation
Processing: Real-Time Inventory System, Automated Vendor Management Software, Centralized Manufacturing
A large OEM manufacturer of garage doors with multiple locations was facing an inventory management quandary. The use of the same parts across different locations required a solution that could help them consolidate inventory effectively, a daunting task given the decentralized nature of their operations.
Hi-Tech Extrusions deployed their state-of-the-art vendor management software tailored to the unique needs of the garage door manufacturer. This software provides an automated and real-time system that shows current inventory levels and a live production schedule. With this setup, each location could access and pull inventory as needed, thereby making the management of resources more streamlined.
The implementation of the real-time, automated inventory system had immediate and measurable impacts. The OEM was able to consolidate manufacturing, leading to cost savings. Furthermore, the new system allowed for increased company-wide order amounts, reducing total inventory levels as each location could now pull from a common supply. This led to improved operational efficiency and substantial financial benefits.