Spend Reduction

 
The use of Apex Industrial Vending systems to manage Point-Of-Work supplies has historically produced a sustained reduction in material cost of between 15% and 50%.

This is driven by greater accountability for items used and control over access and quantities issued. Workers are given the items they need in the quantities specified. Benefits of the increased accountability and control include:

  • Waste Reduced
  • Shrinkage Reduced
  • Maverick and Non-Compliant consumption monitored and controlled

Items with unique utility within the plant typically yield reductions toward the lower end of the range. Items of high value and ubiquitous utility outside the facility (such as office supplies and medical supplies) can yield savings at the higher end of the range.

As workers become aware that their individual usage can be tracked and monitored, abuse and waste are reduced. Usage levels tend to go down.

Limits can be set for both access rights (authorization for particular workers to access particular items) and quantity levels (set quantity limits for the number of particular items workers can access over time — hour, shift, per day, etc.).

Improved visibility to usage patterns helps management to quickly identify abuse, waste, and other opportunities for improvement. Because granular information is readily available across the Supply Chain, management can implement corrective actions quickly and effectively.

Finally, the ability to control access to particular items and to link those items to particular jobs or processes (machines, cells, jobs, etc.) dramatically reduces non-compliant, or “maverick” usage. Items are used for the intended purpose in the specified quantities. 

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