Since its founding 60 years ago, L. & M. Precision Products Inc. has always maintained a strong supply-chain network and a reputation for expertise and capability. While offshore manufacturers often present supply challenges, L. & M. can immediately react to new orders, new customers, and large volumes. For example, the company manufactured components on short notice for urgently needed ventilators at the beginning of the COVID-19 pandemic. This was one recent example of L. & M.’s history of addressing and resolving any need quickly and easily.
A valuable stock-and-release program
A major benefit of working with L. & M. is its valuable stock-and-release program, a unique feature of the company’s inventory management. The company has ample space for not only storage of finished parts for release, but also its ever increasing and updating of the production equipment in its 64,000+-square-foot facility. The diversity of this machinery allows quick adaptation towards production on most new projects, and the extensive storage room allows clients to order machined components in bulk quantities and have parts ready for release when needed – convenient for customers who need large quantities, but not all at once.
The advantage of this program can lead to unchanged pricing for all products throughout the specific order quantity. The customer commits to an annual quantity that will be stored at the L. & M. plant, and the company organizes everything with computerized inventory control systems that help it store the customer’s annual product needs and schedule consistent releases. L. & M. can allow easy access to finished products as the client needs them, while storing annual volumes as long as each full quantity is shipped within a year.
Participating in this stock-and-release program yields a variety of benefits. For instance, clients partake of the company’s elite custom-machining skills, but also of full storage and inventory management of the bulk order, plus top engineering and quality control. With its long-time ISO certification, L. & M. has earned decades of success with proven quality standards, plus the expertise to produce and store components for most industries. Trust the L. & M. team for components delivered on time for any schedule.
To learn more, contact L. & M.