Customer Stocking Program Based On Order History
XP1Power Min/Max program is designed to generate additional
inventory in support of our ongoing customerˇ¦s requirements.
The Program is designed to provide stock of the parts which
your company is ordering from Xmultiple on a month to month
Does The Min/Max Program Work?
works like thisˇKˇKˇK
Xmultiple reviews all parts which have shipped within a
three month time period. If you have three months in a row
of orders with quantities of a connector or component of
over 1000 units per month, the program automatically starts
by providing 1000 units reserved for only your company as
a protective stock. So the program minimum is 1000 units
for three continuous months as the starting point.
This stock is brought into inventory in our warehouse month
after month. It is only the first initial stocking order
which as the initial production lead time which you must
consider in our production planning.
Xmultiple will notify you and your company in writing when
you have qualified for our program. Once you confirm your
forecast is ongoing and there is no end of life (EOL) in
sight, Xmultiple will add your product to the program with
no obligation to you.
If your companyˇ¦s on-going monthly level drops below the
1000 unit minimum, then the program will stop immediately
and you will not be able to rely on this inventory being
stocked in our warehouse.
In addition to the program starting with a minimum, the
program continues to increase the stock as your ordering
quantities increase. If your company has a monthly volume
over 1000 units for three months, Xmultiple will increase
the monthly stocking level to this volume. An example would
be your company orders 6500 units for three continuous months
and our Min/Max system will determine the new level of 6500
units for protective stock per month for your company.
The maximum volume level for this program is 10,000 units
per month. The Min/Max program to be utilized for automatic
stocking for volumes below the 10,000 per month usage level.
After the 10,000 per month usage level is reach and maintained
for three months, your company will be asked to place a
blanket order to assure you have products when you need
them on an ongoing basis.
Your company agrees to provide immediate notice to Xmultiple
if your requirements for the stocking items are changed
so we can stop the program.
Min/Max stocking program has a list of multiple parts which
are reviewed monthly. Parts which are utilized are automatically
reordered per the Min/Max program (minimum order quantity,
maximum order quantity). This system is design to
support our customerˇ¦s critical needs which will enable
Xmultiple to ship parts off the shelf. In today's
world, customers want less liability and shorter lead times
and that is why this system works for our customers, unlike
any other connector manufacturer this is just another tool
Xmultiple has implemented to provide the kind of customer
service you expect from your supplier.
For Min/Max Stocking Program