PROBLEM: How can I manage my purchasing with constant price increases and stock outages?
Let's start by covering the question, "How can a wire and cable stock program help me?" The two main benefits of a stock program are below
1. LOCK-IN A PRICE. In today's inflationary environment when purchases are made on an "as needed" basis, you leave yourself open to what feels like infinite price increases from both manufacturers and distributors. With a stock program, we will negotiate a final price with a manufacturer and purchase the materials up front. So for the life of this order, you'll get the benefit of a stable price.
2. GUARANTEED STOCK. The other problem we face in the wire/cable industry is scarcity of supply. Whether it be due to lack of employees to complete a manufacturing process or simply a lack of raw materials to actually produce wire and cable, manufacturers and distributors have a record low in inventory available for sale. If you purchase on an "as needed" basis you open yourself to the risk of no supply of cable when you need it most, delaying or worse jeopardizing your projects. With a stocking program, you have guaranteed stock for the life of the program giving you the chance to stay on time, or better yet, the chance to steal business from your competitors because they don't have the materials!
I know what you are thinking now, "Sounds great, but how does it work and what's the catch?" We developed our stock and release program we call "My Stock". We have utilized this program successfully with a select number of customers over the years and are now prepared to offer this program to all customers. Here's how it works.
1. You give us a bill of materials with usage estimates by month or quarter. No purchase order necessary, no contracts.
2. We'll source the material and look for cost saving equivalents. We will hold the stock solely for you and hold the price for as long as the material is in stock. No need to worry about subject to prior sale issues.
3. Before the material is exhausted, we will reach out to you for a check on continuing volumes and adjust accordingly.
That's it. Again, no contracts (unless you want them), limited minimums, and no long-term commitments. If this is of interest to you, please contact me at jeff@audiovideoelectric.com or via phone at 1-888-792-9283 and we can discuss it further.