Issue 4
March 2015
We Reduced Your TCO by 16% in 2014...Boom! Who does that?
Dear 
 
We hope your year is off to a great start! We have been very busy with our exceptional customers here at Falcon but we've managed to pull together some of the documented cost savings reports from last year in the following infographic.  We just had to share it with you because the results are quite amazing!  

We saved our customers an average of 16% in 2014!  In addition, we provided our customers a quality rate of 99.9% and an on-time delivery rate of 99.1%.  Get a full breakout of the savings in the infographic below:   



We hope you enjoy this quarter's eNewsletter edition and we invite you to also  subscribe to and visit our blog for more articles of interest in the coming months.
 
Sincerely,
Don Nowak
President and Owner 
3 Can't Miss Supply Chain Conferences in 2015

With countless conferences taking place each year, not every one will directly benefit original equipment manufacturers (OEMs). Here are a few of the best supply chain conferences for OEMs to attend in 2015:

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The Pareto Principle and Inventory Control [Infographic]

The Pareto Principle's primary function is to serve as a reminder to put 80 percent of your efforts into the 20 percent of practices that will make the most impact. ABC analysis helps you to determine the importance of various items in relation to the budget and the inventory as a whole. By assigning value to each different type of inventory, typically dividing them into three groups - A, B and C - it will be much easier to know which need to be tracked more closely for more cost efficient manufacturing.


Thank you for subscribing!  We look forward to keeping you updated on our progress in next quarter's edition. 

Your Friends at:

Falcon Fastening Solutions, Inc.
10715 John Price Rd.
Charlotte, North Carolina 28273
704-588-4740
In This Issue
How To: Calculate Overall Equipment Effectiveness
 

The equipment you use to build your products plays an integral role in production, and if anything isn't delivering high-quality results it can drag down your entire operation. Thankfully, there's a formula that can help you measure overall equipment effectiveness (OEE) so you can more easily manage your factory floor.

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New Hire Announcements:


Falcon is pleased to announce the addition of Steve Rimmer as Business Development Manager based in our Charlotte Headquarters.



Falcon is also pleased to announce the addition of Craig Jones as Account Manager at our Louisville, Kentucky location.

Falcon Sponsors recent Charlotte ISM Conference
 

Last Friday, March 20th, Falcon had the honor of sponsoring the 2015 Supply Chain Management Conference presented by the Institute for Supply Chain Management (ISM) - Charlotte, Inc. and hosted by Ingersoll Rand. There was a record number of attendees at this year's event as well as many great speakers!
If you are not involved in the ISM, we encourage you to take advantage of networking with this great group of people. Our fearless leader will be presenting at another upcoming ISM event in May if you are interested in registering to attend!  

Falcon Employees Help Pilgrims' Inn with Annual Fundraiser
 

On March 14th, the Pilgrim's Inn held their Annual "Be Irish for a Night" fundraiser and event. Falcon staff pitched in with setup and preparation to help make the event a success. If you would like to learn more about Pilgrim's Inn or make a donation, please  click here.