The new service aims to give SMEs the competitive advantage they need to compete with high volume manufacturers. Anglia 80/20 is said to offer a new level of flexibility in the supply chain, which was previously only available to large volume users through consignment/Vendor Managed Inventory (VMI).
There is no start-up cost as participating customers receive an agreed level of inventory on their regularly used commodity components that are held on their site providing instant accessibility. The level of inventory is scaled according to the customer’s forecast demand, and is only invoiced as it is used. Customers can track component usage in real time through an intuitive web-based dashboard, eradicating the need for manually updated usage reports.
Inventory can also be replenished daily, weekly or monthly with monthly consolidated invoicing if required. This simple but effective process is further complemented by a ‘single scan’ booking in system allowing users to book in a delivery containing multiple parts quickly and error free.
The Anglia 80/20 web based management dashboard helps customers track stock and manage inventory in the light of changing demand patterns. High or low usage, leading to potential understock or overstock situations are flagged up using an intuitive colour coded system. An amber icon shows the customer that stock levels need to be reviewed and a red icon shows a potentially critical situation requiring immediate attention.
The new service covers all of the commodity passive, electromechanical, connector and semiconductor components on Anglia’s 800,000 strong component line card. Customers are issued with a free starter pack including a wireless 2D scanner and barcoded user cards for security, which allow selective authority levels and auditable user information.
More info at http://8020.anglia.com