NSK has introduced a cash-flow support programme based on a flexible stocking initiative for its frequent-demand linear motion products
The company says that customers taking advantage of the scheme, which includes NSK’s extensive range of linear guides and ball screws, will be able to reduce their own stock and boost vital cash flow. Having money tied up by holding stock on site can prove restrictive, which is why NSK is looking to help its customers save time and money with a new initiative for linear-motion products.
NSK states that its cash-flow support programme is designed to ensure that customers can benefit from the short-term release of frequent-demand linear motion products and, in turn, reduce stock levels. To provide delivery flexibility, customers can choose between monthly plans using a forecast sent to NSK, or a strategy based on an annual demand quantity with estimated releases by month. For customers preferring the monthly forecast, a rolling projection can be sent to NSK once a month. NSK will then manufacture and hold stock based on the supplied forecast quantity – released over a 12-month period.
With the annual demand option, customers can send a total demand quantity for the year, with assumed release quantity by month. In this case, NSK will produce and keep stock based on assumed monthly demand, again released within 12 months. Both options mean there is stock on hand ready for immediate shipment, making it possible for customers to spread out their delivery dates in line with specific demand. Moreover, cash is not unnecessarily tied up in warehouse stock on on site and can be for other aspects of the customer's business.