A foundry customer had vending machines in place from an unnamed supplier, but faced several issues: poor service, unapproved product changes, and high pricing.

Martin installed their own vending machines and analyzed usage data from the past six months. They sourced the necessary products, stocked them in the storeroom under consignment, and implemented new processes to streamline adding or changing items. Detailed reporting was established to track usage down to the SKU and employee level, providing supervisors with critical data.

The benefits were immediate. Even as Min/Max levels were fine-tuned, product availability in the storeroom improved significantly. With supervisors now receiving detailed usage reports, they gained control over PPE and tooling consumption, and were able to identify misuse. Stocking levels consistently exceeded expectations, and the customer saved $128,977 in the first year compared to their previous supplier.

Improved Inventory Control and Cost Savings: Martin’s vending solution saved the foundry customer $128,977 in the first year by improving inventory management and eliminating unapproved product changes and high pricing issues.

Enhanced Product Availability: By fine-tuning Min/Max levels and implementing consignment stocking, Martin ensured reliable product availability, reducing stockouts and enhancing storeroom efficiency.

Data-Driven Usage Monitoring: Detailed reporting provided supervisors with insights into PPE and tooling consumption, allowing them to control misuse and optimize inventory levels based on actual usage data.