L. & M. Precision Products Inc. has remained open and productive as an essential supplier throughout the COVID-19 pandemic. Established in 1962, L. & M. has successfully adjusted to these unusual times, while offshore manufacturers have presented supply challenges. L. & M. Precision has always maintained a strong supply chain network and can react immediately to new orders, new clients, and any volume.
As an example of L. & M.’s expertise and capability, the company was able to react and produce component parts for urgently required ventilators within a startling short period of time at the very early stages of the pandemic. The company has always had a history of being able to address and solve any requirement with ease.
Computerized inventory control systems
One of the unique advantages of working with L. & M. is its valuable stock-and-release program, as part of the company’s inventory management. With more than 64,000 square feet of space, L. & M. has room for ample production equipment and extra storage for finished components. The diversity of this equipment enables fast adaptation towards production on most new projects. The extensive storage space allows customers to order machined parts in bulk quantities and can have parts ready for release at any time. This is convenient for clients who need large quantities, but not all at once. L. & M. can store pre-ordered products to release anytime within a year period.
The main benefit of this program: pricing remains unchanged for all parts throughout the specific order quantity. A customer must commit to an annual quantity of parts that will be stored at the L. & M. facility to take advantage of this stock-and-release program. The company organizes everything with computerized inventory control systems that help it store the customer’s annual product needs and schedule consistent releases. Whether parts are required weekly, monthly, or on a custom basis, the company can allow easy access to finished products as the customer requires. L. & M. can store annual volumes of parts as long as each full quantity of the annual order is shipped within a one-year period.
Customers get a full range of benefits by participating in this stock-and-release program. They partake not only of the company’s elite custom-machining skills and excellent communication, but also of full storage and inventory management of the bulk order, plus top engineering and quality assurance. With its long-time ISO certification, L. & M. has earned its longevity with proven quality standards, along with the expertise to make and store parts for most sectors. Clients can rely on L. & M. for parts to be delivered on time for any required schedule.
To learn more, contact L. & M.