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Inventory stock-outs can lead to lost sales, and/or increased material acquisition costs. Conversely, tying up capital in non-performing inventory can stretch a company's resources, sometimes with disastrous consequences. ALI works with the client to integrate the sales forecast, supplier lead times, and economic order quantities with on-hand inventory to maintain a balance between inventory supply and demand. ALI can place orders with the client's suppliers in conformance with procedures and a budget agreed upon with the client. ALI then monitors the supplier's order execution, ensuring that the product arrives by the date specified on the order, or escalating delivery issues to bring them to closure. ALI then closes the Purchase Order, notifying the client and updating Accounts Payable.
INVENTORY STORAGE
ALI stores inventory on behalf of clients in its warehouse in Nashua. This facility is a cinder block and concrete construction building, which is protected by a sprinkler fire suppression system. Physical security is provided via a central alarm security system.
Inventory is stored on either pallets or storage shelves, depending upon the product's physical characteristics and the quantity of material to be stored. On-line inventory control is maintained in units of measure established with each client; i.e., pallets, cartons, or units.
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