Contact: +49 2232 500-0

Minimum inventory - optimal security of supply, a contradiction?

Reduce inventory/security of supply

Procurement

Initial situation

Different focal points of interest, especially between controlling and production, often lead to conflicts in inventory management. On the one hand, the approach is to tie up as little capital as possible in the form of stocks. In contrast, production is keen to have sufficient material stocks in stock for all eventualities. Nobody would like to take responsibility for causing costly production downtimes and the resulting ad-hoc procurement processes.

To keep this discrepancy as small as possible, automated and modern warehouse management is recommended. This means electronically supported inventory monitoring, automated disposition processes, and clearly defined responsibilities.

Lingemann can assist you with an individual solution.

Analysis by Lingemann

Not only the procurement of C-parts is a challenge for many companies, but also the storage and the associated availability. Hygiene or cleaning items, products for occupational safety, or maintenance must always be available in sufficient quantities and the right place. The storage areas are often overcrowded with C-parts and the storage space cannot be used effectively. Reordering and coordination are also very costly and time-consuming. Professional C-parts management therefore not only starts with cost optimization in purchasing but also with administration, logistics, and storage. By reducing internal stocks, the storage space can be used in the best possible way and capital commitment can be reduced. Reliable logistics and tailor-made stocks of relevant products also ensure shorter delivery times.

Implementation

No two warehouse projects are the same. Each project is created individually based on the circumstances and wishes of our customers. We offer effective solutions from depots to consignment or sub-supplier warehouses to individual shop-in-shop systems. The strategic product range to be stored is firmly agreed upon between the customer and Lingemann at the beginning of each project and a contractual set of rules is drawn up. The goods are the recurring needs of the customer. Its availability must be ensured in order not to endanger production reliability. For the determination of individual customer requirements, the consumption figures from previous years are evaluated and future forecasts are taken into account. This results in an assortment of articles with current codes. Adjustments to actual needs are made at regular intervals with the discussion and approval of the customer. Every project is professionally accompanied and technically supported.

In the case of a consignment warehouse, which is located on the company premises or in its immediate vicinity, the customer can rely on the fact that critical products are stored and can be delivered with the Lingemann fleet within the agreed delivery times.

Our customer-specific inventory of approx. 5,000,000 EUR is distributed over 65 storage locations and customer warehouses as well as our central logistics in Brühl, North Rhine-Westphalia. 

Operation and ongoing optimization

Our customers benefit from Lingemann's many years of know-how in this area. The first consignment warehouse was set up at a customer in the automotive industry back in 1988 and we have always been optimizing our solutions. We have been developing and producing our technical solutions since 2018 to meet the ever-changing requirements of our customers and the digital change. To do this, we permanently check the key figures of our store locations and coordinate the quantities in stock for the individual products and customers with the actual requirements.

Measurable success

By integrating a Lingemann-managed consignment warehouse, our customers benefit from short delivery times of strategically important items. Also, the products are available at any time of the day or night, which means optimal security of supply. The capital commitment is reduced, especially since you no longer have to build up your inventory. Lingemann also reduces the processing effort, as we carry out a regular filling service for our customers' facilities and the withdrawal is calculated every month, for example.

Right at the beginning of the pandemic, we carefully checked the needs of our customers for critical items, the procurement of which could have led to problems due to the prevailing situation. Here we have increased the stocks as a preventive measure to ensure the security of supply. Critical materials were relocated directly from our central logistics to our customers so that there would be no bottlenecks in the event of a quarantine situation.

YOUR CONTACT FOR INDIVIDUAL SOLUTIONS

Florian Busch
Phone +49 2232-500-361

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