Inventory On Demand
Global manufacturing and distribution strategies sometimes comes with headaches that go beyond just transportation and logistics. For critical inventory flows, managing capital requirements and product availability are particularly difficult when the supplier is halfway around the world.
Morgan’s Inventory On Demand service takes the headache out of managing inventory. We make assigned procurements and take title to goods at the supplier’s dock. In other words, the client issues its purchase orders for time-critical, high-value components directly to Morgan, and we buy the goods on ex-works shipping terms from overseas suppliers.
Because we have people, facilities and vehicles in the world’s manufacturing centers, Morgan can coordinate transportation and customs for best speed, efficiency and cost.
Goods are warehoused near the client consumption points, with continuous online visibility of both product in transit and available for use. On receiving a demand signal, Morgan fulfills orders in as little as four hours.
The results? Clients are able to postpone inventory purchases–and carrying costs–until day of use. End-of-reporting-period demand spikes are eliminated. And, transportation can be optimized for maximum efficiency and cost savings.
Typical Activities
- Assigned buys
- Import and hold at Morgan location
- Sell to customer at time of consumption
Key Values
- Elimination of inventory costs
- Close coordination and control over key assets
- Higher product availability during peak periods
- Continuous visibility from factory to consumption
