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Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey [email protected] 512-415-4952
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Page 1: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

MRO Sales &Vendor Managed Inventory Services

Norvell Eutsey

[email protected]

512-415-4952

Page 2: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

NE Ventures, LLC.

The Individual (Norvell Eutsey, Jr.) Supply Chain Management (12 years) Strategic Sourcing (9 years)

Category Management Supplier Development Project Management

Supplier Diversity Management (12 years) Administrative Services Management (16 years) Facilities Management (16 years) Executive Leadership (5 years) Small / Minority Business Development (12 years)

Page 3: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

Product Line Card Bearings Electrical and Industrial Automation Hydraulic Hose Hydraulics Industrial Hose Industrial Supply Products Linear Motion Material Handling Mechanical Power Transmission Pneumatics Seals and Accessories

Page 4: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

Solutions Offered Vendor Managed Inventory & Point of Use Dispensing

Spend & Cost Savings Analysis

Asset Tracking

Warranty and Repair Tracking

Category Management

Inventory Management & Control

Page 5: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

ServicesSupply Chain and Supplier Management Services

Supplier Management

Programs

Sourcing Project

Management

Strategic Sourcing

Process Development

Page 6: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

Customer Deliverables

Define Inventory Management

goals and objectives

Define Inventory Management

goals and objectives

Evaluation of Customer and NE Ventures current

systems and processes

Evaluation of Customer and NE Ventures current

systems and processes

Identification and documentation of

system and process

improvement opportunities

Identification and documentation of

system and process

improvement opportunities

Alignment of NE Ventures service

model with Customer

expectations

Alignment of NE Ventures service

model with Customer

expectations

Technology integration and implementation

plan

Technology integration and implementation

plan

Documentation of PO generation,

A/P, A/R, product ordering

processes

Documentation of PO generation,

A/P, A/R, product ordering

processes

Desired OutcomesDesired Outcomes

Effective and Efficient

relationship model that yields:

Significant Reduction in

Customer Inventory Management

Expense

Effective and Efficient

relationship model that yields:

Significant Reduction in

Customer Inventory Management

Expense

Page 7: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

… is a package of software, hardware, and process tools for providing services to automate management

of customer in-plant MRO inventories

Basically, all the system does is collect order or count sheet data that is then electronically transferred into NE Ventures Operating System (OPI, Consignment)

for processing

Storeroom Replenishment Program

Page 8: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

Services

Bar Code Scanned Parts Replenishment Program Targeted for “Keep Fill” or “Point-of-Use”

Replenishment and “Consignment” Type Inventory Management Systems

Electronic upload to Order Fulfillment System Eliminates Manual Processes Streamlines Transactions Speeds Part Replenishment

Accommodates Core and Non-Core Products

Page 9: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

Supported Model Types

Vendor Managed Inventory (VMI) Models

• Replenishment “Keep Fill” Model

• Replenishment “Order Qty” Model

• Replenishment “Min / Max” Model

• Consignment “Inventory Management” Model

• Cycle Counting

• Bin Counting

Page 10: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

Update COS• No Data Entry• Orders Generated• Interface to Consignment• Labels Generated

Bins are Scanned and BOH or Order

Quantity Entered

Keep Fill Model

Operations Flow

StoreroomReplenishme

nt

Product isShipped to Customer

Customer Bin Locations are

Bar Coded

Page 11: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

The program uses a handheld scanner to collect the information needed supporting the (VMI) Process. Below are some pictures of the “Psion Teklogic” scanner and an example of

a bar code label NE Ventures uses in this service.

Handheld Scanner

MINO: 99999X99999

Page 12: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

Benefits

Storeroom Replenishment (Vendor Managed Inventory – VMI)

• Streamlines Transactions

• Eliminates Data Entry

• Speeds Part Replenishment

• Promotes Accurate Order Fulfillment

• Provides Activity / Usage Reporting

• Reduces Customer Labor Cost

• Integrated with Motion Consignment Programs

Page 13: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

Industrial Vending(Point-of-Use Dispensing)

An automated inventory management system design to provide a cost effective way to establish control of high volume products, improve product accessibility, increase facility uptime while reducing MRO

transaction and inventory cost.

Page 14: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

User Removes ProductFrom Dispensing Unit.

Process Software Downloads UsageInformation Throughout the Day

Branch ReceivesReplenishment Order

NE Ventures Service TechFills Machine

How

Industrial Vending

Works

.

.

..

.

..

.

.

.

..

.

..

.

Page 15: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

What Goes Into The Machines

High Use Items. Gloves Safety Glasses Tapes & Adhesives Flashlights

Items With a “Take Home” Value

Batteries Small Tools Office Supplies Medicine & First Aid

High Dollar Value Items. Calibration Equipment Test Equipment Vibration Equipment

Page 16: Confidential MRO Sales &Vendor Managed Inventory Services Norvell Eutsey Norvell.eutsey@neventuresllc.com 512-415-4952.

Confidential

Strategically Located – NE Ventures has partnered with Motion Industries and will utilize MI’s distribution network.

7 Distribution Centers

36 Service Centers

458 Branch Locations

DC ACTIVITIES

• 20% Auto Replenishment

• 80% Rush Orders Demand

• 264,748 lbs. Shipped Per Day• 4,386 Small Express Packages Per Day