Partnerships. Results.
As the economic landscape continues to change and evolve, many sectors in our economy have already been forced to reduce costs and control their operating expenses, often through manpower and inventory reductions. Many of our customers who find themselves in this position look to FK not only for their supplies, but also for FK to design and deliver cost saving solutions and services. This has led to many traditional customer relationships developing into partnerships.
These partnerships often involve FK making a financial investment in capital equipment, consigning inventory, and dedicating manpower to our partners operations. The commitment from both sides enables both partners to plan and realize improved performance results.
Utilizing elements of our automated Vending and Vendor Managed Inventory (VMI) programs, FK designs and implements custom solutions which enables partners to transfer most costs associated with owning and managing inventory out of their operations, to FK.
The cost saving results we deliver to our partners is attributable to the systematic processes, procedures and controls employed by FK. From our Certified Field Support Technicians to our Data and Inventory Control Team, FK drives hard costs out of the supply channel.
FK engages in proactively looking for cost saving opportunities for our partners. Looking at product switch-outs, line item reviews, process improvements all aimed at reducing costs, has helped strengthen our relationship with our partners based on the results we deliver.
Partnership portals provide visibility into consumption data as well as additional information to which our partners need access to. This transparency into our data has produced many significant cost saving results for our partners.