Weekly Update – Supply Chain
1. RCD meeting to review drawings, Supplier Agreement, Code Of Conduct and timeline went well. Plan to meet again next week for Pricing, MOQ and review of doc’s.
2. Carton sizing in progress.
3. Plastic bags contract received and in review.
4. Purchase Order status feed-back received with comments. Reviewing next steps to clean out unexpected orders and update accurate ETA dates w/ Tina next week.
5. Rich Power shipment complete and waiting for copy B/L. Contract terms have changed to 50% payment b/4 shipment / 50% after. Still in negotiation but pending shipment at risk of delay.
6. Physical inventory count at 30% completion. Total of 2,160 SKU’s, 650 counted / 1509 pending.
Out of counted items, 38% of items have 0% variance, 20% w/ 1%-10% variance with single digit % for the remainder. Still a ways to go but should be 50% complete by Tuesday. Will need to group to complete remainder during Tina’s time in Thailand.
7. BOM updates in progress. Doors completed for all ILCAM items.
Regards,
Finn Stephens
Finn Stephens
Head of Supply Chain
Kvik Asia Co. Ltd
888/31-32 Moo 9 TIP5
Liebklong Suvarnabhumi Rd.
Samut Prakan, Thailand 10540
Mobile: +669-2284-4796
www.kvik.co.th