Product category: Capacitors
News Release from: TTI Europe | Subject: Electronic inventory management
Edited by the Electronicstalk Editorial Team on 30 November 2006
Logistics system reduces high inventory
EN ElectronicNetwork uses TTI's AIRS electronic procurement system for more than 2600 parts in all seven of its manufacturing facilities in Germany.
Reducing warehouse cost - including building cost, fixed capital, personnel cost as well as insurance premiums for inventory and facilities - is top of the wish list for many company procurement departments and management teams They search for cost saving opportunities in many areas, specifically in inventory management
This article was originally published on Electronicstalk on 18 Oct 2001 at 8.00am (UK)
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One customer of specialised distributor TTI Europe was faced with the challenge of reducing its high inventory.
EN ElectronicNetwork Group - one of Europe's leading EMS suppliers - had an elaborate procurement procedure.
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The company had seven manufacturing facilities in Germany that were using different PPC software systems to purchase electronic components.
Markus Dillmann, VP Procurement at EN ElectronicNetwork Group, saw this as an opp