Managing inventory can be a tough ask. People usually manage inventory in one of two ways: most parts are kept on site and managed inhouse; or most parts are kept off site and managed by a third party. Each way has its pros and cons.
Keeping parts on site is convenient, but gets expensive and is a hassle. For example, inventory may be lost, misplaced, damaged, or disappears before it's used. Tell me if this sound familiar: an operator runs to the purchasing department because they just ran out of part A. Without part A, complete units won't be coming off the line. Purchasing inquires to their supplier about part A, and they come to find out that it's a 6-week lead time or they can pay triple to have next week. To solve this problem, companies outsource their inventory management.
Working with a third-party sometimes sacrifices the convenience of keeping everything on site in exchange for having a reliable and consistent supply of parts. Now instead of calling a supplier and choosing between expedited and very expensive or a 6-week lead time, you call your inventory manager and get the part you need.
They didn't have to spend time negotiating with 20 different companies and keeping track of all the orders that go along with it. They were able to get consistent delivery and pricing. They could now have their purchasing staff solve other problems. So imagine if you didn't have to talk to 20 different people just to get all your parts. How many man hours would that save you? Probably 40-80 hours per week. What if you could reallocate 40-80 hours per week to other areas of the business? How much would that increase efficiency?
Inventory Management. JWB Components' inventory management service offloads the burden of manufacturers managing their own inventory. JWB Components keeps inventory of the parts their customers need, regardless of lead time, minimum order quantity, or difficulty sourcing. Our customers avoid the pain of having to keep track of lead times, dealing with multiple vendors and suppliers. This decrease things like offline incompletes and overall cost.
Centralize Inventory Location and Reduced Inventory Footprint. JWB Components keeps your inventory centralized and the footprint small. Now every operator knows exactly where to go to get the parts they need and how many parts are available for them to use. Operators then spend more time on your lines so that you have more complete product coming off the line at the end of each day.
Kitting. Kitting assembles multiple parts into a desired configuration ready for operators to use on their lines. This way, the operators just need to grab the kit they need and and use it on the line. JWB Components' assembled kits saves its customers time and money because operators are not spending time assembling parts and you have fewer part numbers to track.
Part Sourcing. JWB Components works hard to find the best parts and prices for their customers. JWB Components has helped their customers resource discontinued or unavailable parts. Now purchasing departments aren't spending countless hours going between engineering and suppliers trying to understand specs and match that spec to what different suppliers have. Our engineer can use your spec, find a part that matches it, work with your engineering department to get approval, and then seamlessly transition you to the new part.
Wire Harnesses. JWB Components builds and assembles low volume, small circuit wire harnesses from print. JWB Components' engineer will work to make your wire harness according to your technical specs.
One of our customers needed a reliable source of parts with minimal lead times to meet the fluctuating needs of their customers. They now get predictable part delivery and can always call us to request more parts. We deliver or ship on demand for them. They now meet their customer's demands way better. So what would it be like if every time you needed to ramp production up, you were always able to request and get the parts you needed? How much would that increase your reputation with you current customers? By a lot, most likely. What would it do for your company if you could strengthen the relationships with your customers because you could always deliver when they asked? How much more money would you make if you could sell more by meeting all the incoming demands from your customers in a reliable and timely manner?
One of our customers had trouble sourcing a wire harness that is critical to their production line. With out that wire harness, they wouldn't be able to keep their production lines running. We met their needs and have kept their production lines running. How many times have your suppliers failed to deliver? What if you could turn to someone who could help you fix your problems as they come up?
You will stop stressing over your inventory needs because JWB Components keep your parts on their shelves. Our custom stocking solutions solve your problems. Talk with Bert from JWB Components and figure out where he can save you time and money.
You can have your parts exactly when you need them with JWB Components. JWB Components delivers true just in time shipping by keeping parts on their shelf for you. If you need extra parts tomorrow or a few less parts next week, JWB flexes with your inventory needs so that your lines stay running to meet the demands of your customers.
JWB Components got its start in 2004 when a customers of Bert's sales representative business needed support for their inventory. Managing their inventory and dealing with different vendors and suppliers was onerous, expensive, and time consuming. They just wanted the parts they needed when they needed then. Bert saw an opportunity, and with his wife Judy, JWB Components was born. Since then, JWB has helped many different manufacturing customers meet their inventory and supply needs.
Bert Block, Owner
Email: bert@jwbcomponents.io
Phone: (616) 292-4555
JWB Components, LLC
3667 29th St. SE
Grand Rapids, MI 49512