Synchronized Stocking Program
In addition, this streamlined process is cost savings because contracts are negotiated to guarantee fixed pricing.In a typical strategic relationship within this program, NexGen Digital and our OEM or contract manufacturer customers synchronize product supply with production demand.
This ensures that customers have access to optimal volumes of prenegotiated parts directly from NexGen Digital and eliminates inventory administration issues. Our process scopes consumption based on historical data as well as annual forecasting. With only one vendor to manage, customers save time and gain laserlike insight into their supplychains.