Seacoast Announces 'J.I.T.' Inventory Management And Distribution System

Seacoast Electric Co. of Rye, N.Y., recently announced their "J.I.T." (Just In Time) inventory management and distribution system, which has enabled the company to cut costs and guarantee delivery.

They currently have a brochure available to deliver this message to the shipbuilding industry to help reduce the cost of operations.

Seacoast Electric Co., a division of Manhattan Electric Cable, is a family business founded in 1931.

The company has four branches within the U.S. and is represented in 15 countries. In 1981 the company expanded in wire and currently controls about 65 percent of the marketplace.

Scott Cannold, president, said the biggest change since 1981 is the inventory management concept, and he feels that the biggest problem in the shipping business is controlling costs. Shipping business does not perceive "service" as a product, he added, saying that companies that do not dedicate themselves to marine industry loose t heir position in the marketplace. "The trick is to be partners with the shipyards— know what shipyard needs will help them save money while you make money." Seacoast Electric Company is offering a number of free brochures and bulletins detailing its marine shipboard cables, "Just-In-Time" computerized inventory management and distribution system and other products and services. In addition, the company also is offering a detailed training manual, which provides users with a greater knowledge of shipboard cables, cord, tubing, and other marine electrical products and equipment.

Among the services offered by the company, Seacoast's "Just-In- Time" (J.I.T.) inventory management and distribution system is one of its most unique.

According to the company, J.I.T.

allows a customer to have complete control and use of his inventory by means of on-line information via computer link-up between Seacoast's warehouse and the customer's office.

This system allows for easy inventory analysis as well as streamlined ordering, purchasing, invoicing and distribution geared to a customer's exact production needs. With the cost-efficient J.I.T. program, the company reports there is no expediting, more efficient communications, less need to stockpile inventory, less personnel involved in procurement, less time to execute orders, less waste and less scrap. This adds up to higher productivity and profit on inventory investment.

For free copies of the Seacoast Electric brochures and literature, Circle 67 on Reader Service Card

Maritime Reporter Magazine, page 97,  Jun 1989

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.