Planning -- The function of setting levels of manufacturing, and purchasing to efficiently accomplish the objectives of the producer, and thus, the customer. Loya Tec's Enterprise Resources Planning(ERP) system effectively manages all aspects of procurement from the quoting stage through product shipment. Information is regenerated daily to provide data that are necessary to plan effectively. It is a system designed specifically to ensure efficiency of product procurement and manufacturing.
Purchasing -- The process of qualifying suppliers, negotiating contracts, and acquiring material and services. Loya Tec's purchasing department works directly with the planning department to minimize lead times, costs, and salvage operations. Purchasing also manages vendor delivery and performance to reduce the need to expedite.
Inventory Control -- An important factor in satisfying customer ship requests. Daily cycle counts are performed to ensure the accuracy of Loya Tec's inventory, and to support the planning and purchasing activities. Loya Tec's inventory is secured, and lot-controlled for data integrity, and traceability.
Receiving -- The function of verifying the physical receipt of material, checking for conformance with the purchase order, identification and delivery, and the preparation of receiving documents. This is the first step for material when it arrives at the receiving door.
Incoming Inspection -- The function of carefully inspecting material as soon as it arrives at Loya Tec. Parts are inspected for quality and conformance before they ever make it into the stockroom. This ensures that the correct quantities meet specified requirements, and are available when needed.
Saves money – Loya Tec uses economies of scale to provide component procurement that is both cost and time efficient. By letting Loya Tec manage the procurement process your company will save time and money by virtually eliminating administrative work such as qualifying vendors, ordering and expediting parts, and handling inventory.
Reduces cycle time -- By ordering the assembly as a component, rather than all of the components for the assembly, your cycle time can actually be reduced. This is simply because you no longer have to spend time planning, and chasing parts. Also, Loya Tec manages its procurement process to reduce component lead-time as much as possible. Because of this, we are able to acquire parts sooner than would be otherwise possible.
Frees up more time for value-adding activities -- Manufacturing and procurement are two of Loya Tec's core competencies. We pursue these functions with the same sense of urgency that your company pursues its own core competencies. This allows you to focus your efforts on those things that your company knows best without having to worry about the necessary details that often take the place of the real value-added activities.
Significantly reduces the number of components to order -- Instead of ordering every IC, resistor, capacitor, etc., why not just place an order for the finished assembly? Cost and cycle time reductions, quality workmanship, and more time to focus on your products and services are what your company can expect to gain.