CONSIGNMENT

At present economic situation, almost all of the companies are cutting costs on their operations. One way of cutting down your budget is to enter to a consignment agreement. With this agreement, you can drastically cut down the cost involved in purchasing and warehousing function.

  • BCMI will stock your bearing requirements for the duration of the contract without any inventory cost on your part
  • It will also save you time, effort and materials of procurement personnel in canvassing and ordering the items
  • It will eliminate the occurrence of having out-of-stock items that will hamper your operation
  • Technical assistance, trouble-shooting and personnel training are backed with a pro-active team of BCMI engineers
  • BCMI can serve any type of bearing from an ordinary ball bearing, spherical roller bearing, needle roller bearing, tappered roller bearing or just about any kind of bearing
  • We are the distributor of top of the line brands such as FAG, INA, TIMKEN, REXNORD, HFB, BROWNING, LINK-BELT, ARB, ZKL, OZAK, MCGILL, TORRINGTON, FAFNIR, KOYO, NTN, ROLLWAY, and SEALMASTER bearings in the Philippines
  • BCMI has the largest bearing inventory in the Philippines with 10 warehouses around the country
  • Reduce downtime with BCMI’s 24 hour delivery

ADVANTAGES

  • Minimum inventory carrying / holding and order cost / expense
  • Zero investment in stored inventory for every materials and supplies that are consigned, saving on the cost of money
  • Overall inventory is reduced proportionately by the number / percentage / volume of materials and supplies consigned
  • Purchasing workloads is decreased proportionately by the volume of stock replenishment transaction applied / entered in consignment
  • Blank P.O. frees the company from being compelled to purchase in absolute ordered quantities
  • With less workload, Procurement Department can utilize its personnel on more important functions and assignments vital to its operation improving on efficiency
  • Frequency of stock-outs brought about by long lead-time and eminent delay in delivery can be eliminated resulting to improved end-users service
  • Average lead-time of 20 days for locally purchased materials can be shortened to a day
  • Assurance of quality and technical service on every genuine products and / or brands consigned with licensed distributors thus reducing the hazard of common production losses
  • Assurance of uninterrupted supply of stocks
  • Prices are fixed within a given period of time eliminating the effects of eminent price increases
  • Improve partnership with supplier in reaching out common goals and objectives