Inventory Reduction

Toronto-based Falconbridge Limited, one of the world’s leading producers of nickel, copper, cobalt and platinum group metals, expects that a new three-year agreement with WESCO will enable the company to meet all supply-chain productivity and cost-savings targets—including a 40% inventory reduction—within two years. The program is designed not only to reduce inventory and cost for Falconbridge, but also to reclaim hundreds of hours of employee time for core business activities. Annual purchases in excess of $10 million in electrical supplies and related equipment are expected to result from the new relationship.

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