Breakout Session: Third Party Inventory Solutions

This session will explore how contractors can effectively collaborate with suppliers to maintain their fabrication shop inventory, gaining crucial advantages in the process. By outsourcing inventory management to trusted third parties, contractors can focus on their core operations, alleviating the burden of stock holding. We’ll delve into the significant benefits of this approach, including potential cost savings from price advantages, enhanced scheduling due to reliable material availability, and the reduction of capital tied up in inventory. Attendees will learn best practices for building and managing these supplier relationships, ensuring that the partnership brings value to their operations. If you’re looking to streamline your operations, reduce overheads, and create more agile fabrication workflows.