Value Added Services

Introduction

Mid Iowa Tools is capable of tailoring our services to your unique needs. We are able to do this through a menu of service options that are known or custom created as the needs of your sites are demonstrated. Some of these potential cost improvement programs are:

Reductions on Paper and Processing Transactions

• JIT / Kanban System
• Summary Invoicing

Use of Electronic Technologies

• JIT / Kanban System
• Computerized JIT / Kanban System
• Electronic Data Interchange (EDI)
• Electronic Mail
• Electronic Funds Transfer

Reductions in Inventory Investment

• Bin Stock Replenishment programs
• Assistance with Inventory Classification
• Part Standardization
• Part Substitution
• Sharing Inventory among Plant or Storeroom locations

Information Management and Usage Reporting

• Consumption Reports by item, customer location and storeroom.
• Nomenclature Standardization
• Identification of critical parts common to multiple locations
• Identification of Opportunities for Volume Aggregation
• Operations Reports
• Cost Savings Reports
• Identification of Opportunities for Parts Standardization

Reductions in Personnel Requirements

• Assumptions of Sourcing, Expediting, Receiving or Storeroom Management Responsibilities
• Account Management and Problem Solving services