Fabrication Companies

Expert: Inventory management can affect cash flow

Posted in: Cash Flow, Manufacturing Companies, Fabrication Companies
September 3, 2008
Expert: Inventory management can affect cash flow

Implementing an efficient and intelligent inventory management system can have a significant effect on a manufacturing company's bottom line, an expert has suggested.

Nadeem Mazher, CEO of Custom Technology Solutions, told Supply and Demand Chain Executive that business owners who "treat inventory as a significant asset line item on the balance sheet" will reap a number of rewards.

Green changes help fabrication companies cut costs

Posted in: Successful Strategies, Fabrication Companies
August 22, 2008
Green changes help fabrication companies cut costs
For midsized fabrication companies, changes that may seem small can actually have a large effect on the bottom line.

Eric McCallum, owner of Alaskan firm Arctic Wire Rope & Supply told the Wall Street Journal that he has recently replaced all of the light bulbs in the company's warehouse and office with more energy-efficient models.

By cutting the amount spent on power each year from $14,000 to $10,000, the company anticipates the investment will pay off in about 3.5 years.
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