The old adage “time is money” rings true now more than ever in our fast-paced world. When a manufacturing outfit can’t keep pace in procurement or production, they risk being left behind. How might those in charge of running a manufacturing facility stay ahead in these areas? One solution is to enhance their ordering processes and, in time, hone the art of proper stocking. To help with this endeavor, here are a few parts and various supplies to consider buying in bulk and the potential benefits of doing so.
Generally, the most common benefit of placing a bulk order on an item is to negotiate price and receive a discount on a more substantial quantity. This method of expense reduction is prevalent in the realm of manufacturing. A prime example of this is purchasing in bulk the oils, lubricants and greases required throughout the facility.
From 55-gallon drums to gravity-fed containers holding more than 10,000 gallons of fluid, there are wholesale solutions available for these necessary supplies if space allows. What’s more, utilizing these large vessels may also work to reduce disposal costs and environmental impact due to less waste being generated. As these high-volume items are needed for routine preventative maintenance, having a sizable supply on hand can alleviate time lost in ordering, delivery, downtime for repairs and more.
Similarly, there are the filters and sieves needed to handle these materials. Having a consistent schedule for oil changes is indispensable in terms of prolonging the lifespans of various machinery. By amassing a stockpile of the regularly consumed filters, the equipment could be kept running optimally and production continued on time.
Last, other items to buy wholesale and keep readily available are fasteners. Whether they’re for regular upkeep or for fashioning emergency repairs, it’s important to have an ample collection of these items on-site. Wholesalers can provide custom orders for the finishes, lengths and strengths demanded in any type of manufacturing outfit. Having the right bolt, screw or other tool needed for the job already close at hand is beneficial on many fronts.
On the other side of this coin is to refrain from buying parts that are rarely used as doing so could come with high or hidden costs. For instance, storing items that are time sensitive or delicate may lead to wasted resources. Stock managers need to be cognizant of what is going to be required soon, how much of it is needed and the items that can be shelved for another order at a later date. Having a firm grasp on these nuances can help those in charge become masters of their ordering systems and end up saving them time, money and space.
For further examples of the items to buy in bulk, please see the accompanying resource.
Guide created by AMK Products