Materials management is an essential part of our manufacturing services. Accordingly, Irvine Electronics, Inc. has developed a strong materials organization staffed with experienced professionals. Irvine Electronics takes the lead role in all tactical materials management and enable our customerís materials management team to operate at a strategic level.
Irvine Electronics, Inc. has developed a wide range of materials management solutions to enable the success of each of our customers. The core of Irvine Electronics materials planning is the Alliance MFG MRP system providing integrated planning, purchasing, inventory and work order control. Additional solutions to provide flexibility and responsiveness in our supply chain include forecast sharing and bonding with Irvine Electronicsí primary suppliers and also the utilization of in-house, two-bin replenishment and bread-man replenishment. These relationships are primarily with Future, Avnet, and Arrow, which are also key suppliers to many of our customers. Flexible solutions to customers specifically avoid reliance on long-term inflexible purchase agreements.
Irvine Electronics, Inc. works collaboratively with all customers using the customerís approved suppliers to get optimum pricing on materials. We will also work to ensure that the suppliers that are aiding customerís development efforts continue to be supported.
Irvine Electronics, Inc. understands the critical importance of effective cost management to our customers and will ensure an ongoing routine focus on periodic cost reduction. Irvine Electronics, Inc. will also leverage all of IEIís component procurement power, multi-million dollar credit lines, and prompt payment history with Orange Countyís component distribution community to manage the availability of hard to find or obsolete parts and volatility of key cost-drivers on customer assemblies.