INTEGRATED ELECTRONIX SOLUTIONS PRIVATE LIMITED

In their own words

We are "Integrated Electronix Solutions Pvt. Ltd." who is trader of all type of Electronics Components which are used in all electrical & electronics industries and IOT firms. We have initiated business with some companies. Now we are willing to start a virtual inventory concept to the small business, refer below points: Problems: 1) For small business, they can't hold huge amount of stock in their inventory. But, they get better discount for bulk quantities and huge amount inventory has been reserved for a long time which increases the maintenance cost and they have to pay ordering cost and unit carrying cost (such as space for stock, need employee for maintain, bank interest charge etc.). 2) And if they are going with regular order, they have to pay higher price with respect to bulk. they have to pay regular ordering cost ,They need people for maintain orders ,for follow up with vendors etc , Also if vendors have no stock then there is a chance of production being stuck . Solutions: 1) We will try to initiate the virtual stock of items which are higher in value .2) Where the client will have booked the virtual stock for the upcoming 3 months as per their planning .3) We will book this stock qty adding all the clients with manufacturer/Distributors .4) We have to ensure that manufacturers or distributors have sufficient stock ,else we have booked remaining in other vendors .5) Now the client updates us for requirements before 3-4 days and now we are processing the same and getting the inventory .6) We will receive only one order from client and the schedule delivery ,(For saving regular ordering cost)7) Client will have to consume at least 80% of order within 3 months so that our inventory not been stuck Benefits: 1) No need of stocking. 2)Save regular ordering cost .3)Get the material once you need.4)Online database for status of virtual stock.5)Online tracking of all orders.6)Get the account status once you need. 7)Save unit carrying cost.8)No need to reserve huge amount of stock.9)Get the bulk price rate and get the inventory once you need and whatever qty you need .

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