A Wesco integrated supply services customer was purchasing insulated electrical gloves from another vendor at high costs accompanied by high recertification cost for the gloves.
Hi-Line presented multiple glove manufacturers and testing services to customer that showed potential cost savings. In addition to less-expensive gloves and their accompanying products, Hi-Line provided the customer with a consignment solution to streamline the back-office process.
Cost savings for testing recertification process of 37%
New glove purchase savings of 40%
Utility customer was experiencing increasing costs, lead times and diminishing supply with their necessary rubber goods materials. A solution was needed to decrease the total demand of new rubber goods material in the program and diminish the total spend on replacement PPE.
In an effort to reduce costs and alleviate manufacturer-driven supply concerns, Hi-Line proposed transitioning quarterly rotations from a delayed in & out framework to a shared inventory exchange program. This would allow inactive or excess inventory from one location to be utilized in another location instead of sitting stagnant.
Reduced new purchase requirements, resulting in 70% monthly savings
Reduced need for new inventory eliminated supply concerns from manufacturer