“We set up a consignment inventory program with Hodell-Natco to aid in our manufacturing process of backflow prevention valves. I was skeptical of the program at first, but now I realize the significant benefits it provides our business. Before their consignment program, we had to stock a ridiculous amount of parts on site to keep from running out. But now Hodell-Natco manages the parts we need by adhering to the minimum and maximum parameters we’ve established. Not only do we save valuable warehouse space, but we have all the fasteners we need right on our premises. Their consignment system has been working great for us! The parts we need are always on hand and I never have to worry about running out. Plus, with consignment inventory we don’t have to pay for parts until we use them.”
If your business faces unexpected spikes in demand or unusual inventory usage patterns, our consignment inventory program may be the right supply chain strategy for you. Having to quickly restock inventory during a surge in demand is costly and disruptions to production have a damaging impact on your bottom line. However, with Hodell-Natco’s consignment inventory program, you’ll experience an ideal and economical solution to unpredictable demand. We place our inventory in your plant and defer your purchase of materials until they are pulled for consumption. You improve cash flow, avoid long lead times, save on urgent freight costs, and eliminate the stress of stock-outs.