Point of Work (POW) industrial vending is a unique concept that’s proven useful for industrial work places. Having the necessary tools and accessories available at the POW eliminates the stock out conditions completely and reduces inventory levels by 50% and reduces the wait time for tools and supplies. POW systems also help in streamlining and automating reordering processes, eliminating all the associated overhead.
Point
of Work (POW) industrial vending is a unique concept that’s proven
useful for industrial work places. Having the necessary tools and
accessories available at the POW eliminates the stock out conditions
completely and reduces inventory levels by 50% and reduces the wait
time for tools and supplies. POW systems also help in streamlining
and automating reordering processes, eliminating all the associated
overhead.
POW
set up includes tool vending systems and tool
dispensing
systems. They help realize potential cost savings and economic
benefits.
Reduction
in Consumption (10% to over 30%)
Reduction
in Inventory Levels, Improved Inventory Turn Rates
Reduction
of Tool and Supply Retrieval and Waiting Time
Elimination
of Stock Outs and Related Loss Of Production, Emergency Orders
Elimination
of Obsolete Inventory
Reduced
Procurement Costs
Accurate,
Reliable Inventory Visibility
Supports
Integrated Supply, Vendor Managed Inventory (VMI)
Consignment
Programs
New
technology developments have helped in creating automated
tool vending
systems for industrial
vending
use. The following process is carried out to install the POW
technology.
Automated
solutions are applied to only those work areas that benefit from POW
vending systems. So, the fist step is to identify areas that can use
this technology efficiently.
Once
the work area is identified calculate potential cost savings,
productivity gains and other benefits due to automation.
Install
the POW technology using a reliable service provider.
Providers
who supply these automated POW systems offer 24/7/365 support
systems. Implementing POW technology will definitely be a
revolutionary change in the industrial setup. So, it’s worth
investing in them to realize high productivity and eventually, high
revenue.
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