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KStock is an automated, on-site delivery program designed to reduce:
Replenishment cycle time
Stock outages
Inventory Investment
Supply chain administrative costs
KStock is tailored to your unique requirements and provides major cost reduction to the traditional purchasing process if implemented fully. The first figure shows the many steps of the traditional procurement process and the value of product that $1.00 invested in this process generally produces - $0.59! Approximately 41% of the effort spent by a typical company to get product to the point-of-use is consumed by non-essential activity.
Kitco Defense recommends that you consider alternative methods of providing product to the point of use; i.e., putting the part right at the mechanic’s finger tips. You should be able to improve labor productivity and reduce overhaul cycle time by employing KStock right on the shop floor.
KStock Benefits
Reduced transactions & hand-offs
Number of suppliers reduced to 1
Reduced processing costs
Increased order accuracy