JIT Stocking Programs
THE COST EFFECTIVE
ALTERNATIVE TO BUYING
Custom tailored Service Steel JIT Stocking programs reduce cost for our volume oriented customers by dramatically reducing mill lead-time, cost of possession and scheduling. A Service Steel JIT Stock Program Customer gets what they need, when they need it! All at a “total cost” comparable to mill direct purchases.
Service Steel J.I.T. Stocking Program versus buying Mill Direct
Compare the “Total Cost” to just “Price” alone.
|Frequently Asked Questions||Stocking Program||Mill Direct|
|Who owns the inventory?||Service Steel until shipped to the customer.||The Customer.|
|Who will have “Cost of Possession” burden on the inventory?||Service Steel.||The Customer.|
|Are minimum quantities required to maintain quoted pricing?||No! Service Steel will ship in any quantity.||Yes. Minimum mandated by the producing mill.|
|Is inbound freight included in my unit purchase price?||YES.||Typically, NO.|
|Are fuel surcharges from carriers included in my unit purchase price?||YES.||Typically, NO.|
|What lead-time can I expect for scheduling purposes?||Mill lead-time until initial inventory is received. 1-2 days after release thereafter.||Mill lead-time at the time of release. Typically six plus weeks.|
|Are minimum inventory levels assured?||YES! Service Steel assures a minimum negotiated inventory level based on the floor at all times.||No.|
|Who is responsible for inventory replenishment review and reorder?||Service Steel.||Customer.|
|Inbound receiving inspection?||Yes. Provided by Service Steel in conjunction with customer requests.||No.|