Haver & Boecker Niagara guarantees inventory
Haver & Boecker Niagara guarantees customers’ inventory through Make & Hold and Stocking Agreement programs for screen media and wear parts. The programs help mineral processing customers plan ahead and minimise downtime from long lead times while also providing options for pricing stability and simplified inventory management.
“We want to help ensure our customers have the screen media and parts they need to keep their equipment running and maximise production,” said Karen Thompson, President of Haver & Boecker Niagara’s North American and Australian operations. “That is why we provide Make & Hold and Stocking Agreements to help operations with inventory management and provide peace of mind.”
The Make & Hold program guarantees customers the screen media and/or wear parts they require and pricing is agreed upon at the beginning of the program. Items are reviewed annually, and adjustments are made as needed. The manufacturer produces and packages the product in pre-determined quantities so it can be shipped the same day the order is placed. Stock is automatically replenished after shipment in preparation for the next time the customer requires it. The program gives customers immediate access to items that would normally require longer lead times. Pricing is locked in, and the customer is only invoiced when the product ships.
Haver & Boecker Niagara also offers Stocking Agreements (blanket orders) for customers interested in a one-time annual agreement. The pricing is locked in for the calendar year upon agreement for a pre-determined quantity of product. Customers pay per shipment as they draw from their stock as needed throughout the year. The product is shipped the same day the order is placed.
Both programs are an opportunity for operations to ensure product availability and price stability throughout the year and are particularly beneficial for products that may otherwise have long lead times.