Tuesday April 20
Sherwin-Williams Automotive Finishes Lean Stock Inventory System Aims to Increase Profits by Minimizing WasteMaintaining proper inventory stock levels is critical for maximizing profitability and growth potential. With this in mind, Sherwin-Williams Automotive Finishes unveiled its new inventory management tool, Lean Stock(TM) Inventory System, to help collision shop owners and managers improve productivity, product availability and consistency. With a greater control of inventory, shops will ultimately lower inventory dollars, better manage shelf life of products, and have less waste and increase profits.
Lean Stock Inventory System provides both structure and definition by giving shops the resources to barcode entire inventory. The inventory manager scans the barcodes on the kanban trigger to place replenishment orders through the sherwin-automotive.com website. The order is promptly delivered, verified by the inventory manager for accuracy, and then restocked in a timely manner.
The system provides a simple, easy-to-operate mechanism for ensuring that inventories remain at optimal levels. With the Lean Stock Inventory System the technicians always have the correct products at their fingertips and shops can reduce their inventory costs.
Lean Stock Inventory System customers have reported immediate results in operating efficiencies. Jim Hill, owner of Master-Tech Paint and Collision said, “I am responsible for my own inventory. There is no need to overstock. The correct product arrives on time daily.”
The Sherwin-Williams Company, founded in 1866, is one of the world's leading companies in the manufacture, distribution and sale of coatings and related products to professional, industrial, commercial and retail customers. Sherwin-Williams Automotive Finishes, a division of The Sherwin-Williams Company, manufactures and distributes a complete line of advanced technology paint and coating systems for automotive and fleet refinishing industries.
©2010 Collision Repair Industry INSIGHT