Ross Optical Introduces Inventory Solutions to Reduce Customer Supply Chain Costs
El Paso, TX (PRWEB) June 19, 2014 -- Ross Optical Industries announced today an expansion to its suite of inventory solutions for glass optics and assemblies to reduce customer supply chain costs.
To better serve customers in an industry with traditionally long lead times, Ross Optical now offers a vendor-managed inventory program in addition to Kanban and blanket purchase order options. With vendor-managed, or consignment, inventory, Ross Optical places optics and assembly stock at the customer site, available on demand; customers are not charged until they use the inventory. This business model saves carrying costs and has proven to reduce stock-outs by up to 45 percent in multi-year studies.
President Divi Mangadu stated, “For customers pursuing LEAN and other practices designed to drive out lead time and cost, this is a perfect fit. We continue to look for new ways to partner to reduce supply chain costs and risk.”
Inventory management is offered for high-volume customers of standard and custom optics, micro optics, aspheres and assemblies. Ross Optical also partners with 21 manufacturing partners around the world to further reduce offshore procurement risks while driving out costs.
Contact Ross Optical at 1-800-880-5417 or http://www.rossoptical.com to learn more.
About Ross Optical Industries, Inc.:
Ross Optical Industries, Inc. (http://www.rossoptical.com) provides custom, precision engineered solutions for OEM applications, specialty standard lenses, micro optics and other hard-to-find optics. Customers in R&D, electronics, semiconductors, pharmaceuticals, biomedical or military applications look to Ross Optical for their expertise in custom optical and mechanical design, prototyping, coating and manufacturing. Ross Optical is known for cost-effective solutions, and offers overseas sourcing, inventory and inspection to reduce supply chain risk for its customers.
Family-owned and operated since 1988, Ross Optical Industries, Inc. is ITAR registered, and ISO 9001:2008 certification is expected later this year.
Michele Nichols, PLS Launch Solutions, (585) 256-1640, [email protected]
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