Just-in-time (JIT), also referred to as lean manufacturing is an inventory strategy adopted by manufacturers to increase efficiency by receiving goods only as needed from a supplier. The main purpose of implementing this strategy is to lower inventory costs and decrease waste. Who Uses JIT? Both small businesses and major corporations may benefit from a […]
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Distribution management is the process of overseeing product movement from the supplier or manufacturer to either a storage facility or directly to the point of sale. From outsourcing raw materials, to manufacturing a final product, distribution management oversees this entire process with the objective of streamlining it. Companies frequently lack the time and expertise to successfully
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The kitting process in manufacturing is the taking of two or more related parts and putting them together in a single kit, typically under one SKU. Purchasing several individual parts is time consuming, kits simplify this process as parts are pre-packaged and occasionally pre-assembled. On the production floor, workers can utilize kits by implementing them into their
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The automotive supply chain is one of the most complex in the world. This industry relies heavily on third-party companies working together to supply thousands of parts needed to complete manufacturing processes and deliver high-quality products. Automotive supply chain companies are constantly implementing new technology, allowing them access to thousands of inventories, and with the
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Manufacturers may enjoy the concept of adding packaging and kitting services, but they must first determine which kind of kitting operations best suit their company’s needs. Pre-kitting, product kitting, just-in-time kitting, and material kitting are the four types of kitting that a manufacturer can use. Among these four, material kitting is the most common kitting approach used
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Supply Chain Management (SCM) is a critical aspect of any small or large business. SCM is the active management of supply chain activities to maximize customer value and generate a sustainable competitive advantage. SCM also includes the movement and storage of raw materials, as well as inventory management and the tracking of finished goods from
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Assembly, subassembly, and part drawings are three familiar methods within the manufacturing industry. Though these methods differ, together they can produce a single final product or several smaller products. Assembly and subassembly involve putting pieces together to form functional products. At the same time, part drawings are a critical aspect of these processes, allowing teams
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Electronic component kitting is a manufacturing process that involves physically assembling a production-ready kit of parts and components for delivery to a point of assembly to manufacture an electronic device. The use of electronic component kitting allows the assembly line to operate faster and more efficiently. Having kits on hand is a low-cost solution that will
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We sat down with David Schultz, NewStream’s business development manager, recently to discuss the process for onboarding new customers, their concerns, NewStream’s value adds, and how we help original equipment manufacturers (OEMs)Â love their supply chain. What is your favorite part about working at NewStream? A:Â For starters, I love our culture, our people, and the
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In the manufacturing and product distribution industries, parts and components of particular items are in high demand. Due to quick turn-around and short product life cycles, consumers, businesses, and OEMs all require spares, replacements, and new parts. The industrial sector adopted the kitting method to keep up with this expansion. What is kitting in manufacturing,
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