Inventory Control

s_inventoryInventory is crucial to operating a profitable business. The excess liquidity does not lie only in the products of the session in the camps, but also with respect, it has space for positions as well as insurance and other overheads. There is also the risk of reduced demand for inventory already purchased.

One of the first, the value of the inventory of Ford Motor Company was founder Henry Ford, who wrote in his book, My Life and Work (1923): “We found the materials to purchase it’s not worth it to buy, for others, as should be immediate. We buy only enough to enter the production, taking into account the state of transportation in time. If transport was perfect and considerable material, it is not necessary at all levels and that more and more. carload of raw materials that the timing and the project closely and amounts, and go in cars production. It would be a lot of money because it would be very rapid turnover and thus a reduction in the amount of money related to materials. Transport, it was bad for stocks. ”

Ford idea is still, according to William Gindlesperger, founder and director of e-Lynxx Corporation, given that improvements in transportation, production and communication. “No, in his dreams bold Henry Ford would have expected, what we can do today with inventory control on the computerization of methods and new models,” Gindlesperger said.

Such a method is that it has invented Gindlesperger – US-Business, Patent No. 7451106 method. Known as “The Gindlesperger method, it is valid for all products and services, the specification, if ordered. Commercial Print, construction services, advertising, labels, machined parts, materials sales, packaging, temporary, textiles, transport and road hauliers are some of the best examples of specification of goods and services defined.

In principle, Gindlesperger The method, buyers with a computer data system to identify, pre-qualified suppliers of a product or a service request through a process of prices. Identification by an automatic adjustment that occurs for each supplier, skills and other attributes are used in a computer and then against the purchaser of the product or service, which are also in the system. In essence, the system has advantages qualified suppliers, specifications and then sends a request for pricing for each.

“This creates a pipeline system and its own pre-qualified suppliers across the country,” said Gindlesperger. “It eliminates the need for more inventory, because it allows the buyer to precisely control when and what to do, know that it is more pre-qualified suppliers in its network, yet the possibility , product or service. ”

Moreover, and this is a key point Gindlesperger of the method, it is possible, reducing the actual cost of the goods or services. The reduction of costs in organizations with Gindlesperger method is about 40% bigger than the competition by other means (eg, negotiations, the rates of the cards on the ground calls for tenders and auctions). A 40% reduction in the cost of specification of goods and services represents a significant increase in profitability – to the extent that more than 1% and revenue of the whole migration lines of the line charges bottom. Given that 6% to 30% of the budget of an organization is typical for the specification of goods and services defined, measurable, the potential cost savings are enormous.

“This new approach supports the improvement of stocks in the event of a change of supplier by a process of setting prices for the buyers that the supplier increases the price the buyer is willing to pay, a process in which the supplier, which prices on the basis of its own production must match the buyer to choose the lowest price from qualified suppliers, “said Gindlesperger.” The buyer made planning optimal benefits and cost reductions, while that turnover and profits for suppliers because the suppliers to fill their time with contributory revenue. It is win-win for all parties concerned. The scope of this patent is very broad and powerful in its application to the automated acquisition of specific customer specifications or product or service. ”

Gindlesperger The method is not only the movement of an existing methodology, Gindlesperger stresses. However, it is the brainchild of an innovative process, which was not found in the art, if the patent for this invention was sent by e-Lynxx Corporation, 30 November 1998. Meanwhile, 10 years, the concept for the acquisition was probably implemented and if so, that business method patent. E-Lynxx was the patent on 11 November 2008, and is in the process of licenses to organizations in the United States.

Gindlesperger said his company is that organizations are very sensitive to a licensing process, it can reduce the cost of significant benefits in an economy where cost savings are ausgewrungen almost every aspect of the activity.

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