Issue 1
June 2014
Are We Back to Material Cost Inflation?
Dear Subscriber, 
One "benefit" from our worst recession in over 80 years was that commodity costs have been stable to down. It looks like that is about to change... 
We hope you enjoy this quarter's eNewsletter edition and we invite you to subscribe to and visit our blog for more articles of interest in the coming months.
Don Nowak
President and Owner 
Podcast: 7 Minutes with Don Nowak

We invite you to tune in to the following podcast, featured on Modern Distribution Management, as Don discusses the reasons behind Falcon's recent name change and how Falcon applies lean principles in their fastening supply and VMI services.

Lean Principles in Purchasing

We are hearing more and more about "re-shoring" of manufacturing. The Lean concept is becoming an accepted practice in progressive US manufacturing operations. It has helped to the make our domestic organizations competitive in the global marketplace.

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"Pull" for Leaner Production

The traditional process in supply management is to forecast demand. While there have been significant advancements in the forecasting tools in today's ERP systems, high forecast accuracy continues to be a major challenge. As a result, inventory is often "out of balance" with requirements.

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

Falcon Fastening Solutions, Inc.
10715 John Price Rd.
Charlotte, North Carolina 28273
In This Issue
Expanding Lead Times: 
How One Company Overcame the Challenges of a Growing Economy

Now that the economy is again growing, manufacturing companies are starting to see longer lead-times and higher minimums with the fastener manufacturers from whom they have been purchasing. 

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10 Signs of a Good VMI Program

30 Year Anniversary!

Congratulations to Tom Robinson, Senior Account Manager.  Tom celebrated his 30 year anniversary with Falcon in April.  

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