Inventory-related costs can dramatically impact a project if not managed well by an experienced contract manufacturer. Baril negotiates smart stocking agreements that allow for bulk material purchases, longer production runs, and maintaining finished stock, saving you money and time.
Other benefits of allowing us to manage your inventory include:
- Faster fulfillment – often in as little as 48 hours
- Elimination of receiving inspections
- Better risk management in the face of market fluctuations
- Optimized supply chain management through tools such as Kanban, JIT and other inventory control systems
Download our White Paper on Smarter Procurement Strategies for Medical Device Manufacturers to learn how Baril can help you with strategies for margin improvement.