QUICKSTOCK™

What is QUICKSTOCK™?

QUICKSTOCK™ is Euromarc’s vendor managed inventory (VMI) system.
Simply put, it’s like having your own personalised mini supply store right there on site, so you never run out of the consumables you regularly use.

 

It’s similar to consignment stock, but different in that the entire system is managed for you – it’s set up to take the hassle out of inventory management, saving you time and money, while increasing production.

 

The genius with QUICKSTOCK™ is the team behind the cabinet.

Euromarc shoulders the heavy lifting, making sure you always have the stock you require to keep production rolling. This boosts efficiencies, helps cashflow and saves an immense amount of time for your business.

 

 

CONTROLLED STORE MODEL

 

Workshops that need to keep track of consumable usage opt for different variations of a controlled store model.

 

There is usually someone in charge of the cabinet/s and staff do not have direct access. Cabinets are often in a storeroom or office and locked. When staff require consumables they will have to see the person in charge of the cabinet/s. This method can be easily adapted to follow current systems and processes in place.

WORKSHOP MODEL

 

In general, smaller workshops requiring less control opt for a workshop model where staff are free to access cabinet stock when they need it.

 

Cabinet/s are usually placed straight on the workshop floor close to where the action is, thus minimising time spent wandering around the workplace looking for consumables. Keep them locked or unlocked, the choice is yours.

FREQUENTLY ASKED
QUESTIONS & CONCERNS

Are there any contracts or upfront costs?

Yes, an agreement is signed, and an upfront joining fee is required. From then on a small replenishment service fee is charged along with any products you use.

What size company is QUICKSTOCK suitable for?

It's suited to companies that spend more than $15,000/year on consumables with Euromarc. If you feel your company is close to this, give us a call to discuss how you can increase your spend level with our wide range of consumables.

Do I need to buy all my stock from you?

We’d love it if you did, but no, you don’t have to order all your consumable stock from us.

Some customers jump in with two feet and have all their consumable stock in the QUICKSTOCK cabinets, while others like to dip their toes in first and start by just having the stock, they already buy off Euromarc in the cabinets and add to it as they see fit.

As with any ordering situation, the stock we supply you is completely up to you. Only stock items approved by you will ever go into the cabinets, so you won’t be finding any surprise items on your monthly invoice.

If you’re not wanting to keep all your eggs in one basket, you’re perfectly entitled to keep purchasing from other suppliers as well, however only QUICKSTOCK items are to be kept in the cabinets to enable the replenishment cycle to run smoothly.

We find most companies who start off with just a selection of consumables in the cabinets end up adding more products to the cabinet as they get used to the system and experience the benefits and time savings from not having to place so many purchase orders each month. Sometimes things just need to be experienced to be believed!

What happens if I reassess pricing down the track and find its cheaper with another supplier?

It’s great to keep your finger on the pulse and be aware of all your options to make sure you’re getting the best value for your business. With QUICKSTOCK you are free to add or remove stock items from the cabinets at any time, so should you want to switch an item to another supplier you can.

We’re very transparent with our pricing. Any items in a QUICKSTOCK cabinet are charged at pack pricing rates which can be found when you login to our website. This pack price rate is regardless of how much, or how little is used throughout the month.

While it can be tempting to jump over to another supplier offering a slightly cheaper price for a line item, the QUICKSTOCK system also provides savings in another way, and that’s in terms of the time savings of not having to manage stock and place orders. When you include the labour cost of stock management to your product purchase cost, customers often find it would cost them more to make the switch.

Of course, if you simply find the system is not for you, that’s absolutely fine. There’s no locked in contracts, and if you want it out, we’ll take it out. No questions asked, and no hard feelings.

What dimensions are the QUICKSTOCK cabinets?

Each cabinet measures W:950mm x H:1800mm x D:490mm

Who are your replenishers?

The guys and gals replenishing our QUICKSTOCK cabinets are local individuals whose responsibility is to count the stock, tidy and re-fill the cabinets and relay any changes required.

Outside of the replenishment, we have a dedicated QUICKSTOCK operations team who do the behind-the-scenes work including training and managing the local replenishers, organising and processing monthly QUICKSTOCK orders, and adjusting cabinet stock where requested.

How can we keep control if you take over stock management?

It’s completely understandable that the prospect of handing over your stock management to a supplier can be a little daunting. In running your operations, you want to have control, and the good news is, you still will.

QUICKSTOCK is not about handing over control to us. Throughout the entire process everything is checked and approved by you. Nothing goes into the cabinet without your consent, and reporting allows you to see exactly what is being used and charged for each month – the system is very transparent. This includes pricing of which everything is charged at pack prices regardless of how much is used.

In terms of control over stock being used, the level of access you allow staff to the cabinet stock is up to you. With over 200 workshops using QUICKSTOCK throughout the country we’ve seen quite a few variations of how it can work, and we can work with you to find a solution that will work with how you like to do things.

What if we already have a preferred supplier we like to buy from?

There’s no doubt about it, we’re a supplier and we want your business. QUICKSTOCK is a system developed for businesses looking to get the best bang for buck both in terms of the consumables they’re purchasing, but also in enabling better efficiencies and therefore productivity in the workshop.

If you have another supplier you prefer to work with, that’s fine, it’s completely up to you – no hard feelings.

With over 200 companies using QUICKSTOCK throughout the country, we’re confident the system does what we say it does. Some companies start off with just some of their consumables in QUICKSTOCK to try out the system. There’s no locked in contracts, and if it doesn’t work for you, we’ll pull it out.

The question is, are you willing to give it a chance?

We've tried consignment stock...it didn't work for us

QUICKSTOCK™ is similar to consignment stock, but different in that the entire system is managed for you. We work with you to establish what consumables you regulalry use, and how much. The cabinets are stocked with plenty of these products to ensure you don't run out between replenishments, and our local replenishers visit monthly to count, restock and tidy the cabinets. 

How does the pricing structure work?

We have individual and pack rates, and the beauty of QUICKSTOCK is all product is charged at pack rates regardless of how much you use. For example, if you stock linishing belts, you might use 1 or 2 in a month, but you still get pack pricing rates as if you were using 10.
Of course if there are 1 or 2 products you are concerned about, let us know. We don’t want a few dollars standing in the way of you saving thousands per year.

What if we’ve already got a storeman & ordering system that works well?

That’ excellent! QUICKSTOCK doesn’t have to replace what’s already working well, but can work alongside people and processes to take them to another level. You can still use the same processes you’re used to, the big difference is you have the stock available on site, and stock levels are managed for you.
Instead of placing orders that can take 12 hours to arrive, you’ve got a mini Euromarc shop that takes 12 seconds to extract your products. There’s no more needing to check stock, place orders, following up on backorders, short shipments or incorrect supply – the product is simply right there, on site and ready to be used. You’ll benefit from a huge reduction in the costly process of purchase orders.

What about my other suppliers I've been with for years?

Moving to QUICKSTOCK doesn’t necessarily mean you have to move away from your long-term suppliers. Quite a few of our QUICKSTOCK customers have started off with cabinets that just stock the consumables they already purchase off Euromarc, and we can always add or subtract products lines where required.
In today’s business climate, no supplier would ever say you can’t come back to them or raise their prices – we all want your business. At the end of the day, you need to make a decision that is right for you and your business. With QUICKSTOCK, you’re not tied into any long-term contracts, and if the solution doesn’t work for you, we’ll take it out. It’s that simple.

What happens if QUICKSTOCK doesn't work for us?

If the solution simply isn’t working for you, we can remove it. No worries, no hurt feelings. There’s no locked in contracts, and at the end of the day, if the solution isn’t benefitting you, it’s not benefitting us. It has to save you time and money.

What’s in it for Euromarc? What’s the catch?

There’s no catch. QUICKSTOCK is a fully open, transparent solution, with reporting so you can see exactly what’s going on.
What’s in it for us? Well we’ve got everything to gain by looking after you and your business. QUICKSTOCK is not a one off sale, it’s having a loyal customer in 10 years time that we’re able to continue providing value for. Basically, your success is our success.

SEE WHAT CUSTOMERS HAVE TO SAY...

Resources
  1. QUICKSTOCK’s a Win, Win For Fineline Services
    QUICKSTOCK’s a Win, Win For Fineline Services
    Fineline Services, New Plymouth – Success Story   ‘The monthly... Read More
  2. How CECO’s Getting More Stuff Out The Door…
    How CECO’s Getting More Stuff Out The Door…
    CECO Engineering, Auckland – Success Story   ‘We don’t have time... Read More
  3. Fruehauf Reduced POs from 60 to 1 Per Month!
    Fruehauf Reduced POs from 60 to 1 Per Month!
    Fruehauf, Auckland – Success Story   ‘Before QUICKSTOCK we used to... Read More
  4. How Real Steel Work Harder, Faster & Smarter
    How Real Steel Work Harder, Faster & Smarter
    Real Steel, Upper Hutt – Success Story   ‘The administration staff... Read More
  5. Arcwell Engineering Use QUICKSTOCK To Stay Ahead of The Game
    Arcwell Engineering Use QUICKSTOCK To Stay Ahead of The Game
    Arcwell Engineering, Whangarei – Success Story   ‘QUICKSTOCK has... Read More
  6. Innovision Boats Are Cruising Ahead With Production
    Innovision Boats Are Cruising Ahead With Production
    Innovision Boats, Auckland – Success Story   ‘The big reason for it... Read More
  7. Inventory Management: How ATCO Eliminated Waste & Gained Control
    Inventory Management: How ATCO Eliminated Waste & Gained Control
    ATCO Steel Developments NZ Ltd, Wellington – Success Story   ‘It's... Read More
  8. Rotorua Steel Structures Say QUICKSTOCK Has Improved Their Business Hugely
    Rotorua Steel Structures Say QUICKSTOCK Has Improved Their Business Hugely
    Rotorua Steel Structures, Rotorua - Success Story   ‘I love the... Read More
  9. QUICKSTOCK Has The Flexibility To Suit Both Hustler Sites
    QUICKSTOCK Has The Flexibility To Suit Both Hustler Sites
    Hustler Equipment, Hastings - Success Story   ‘With HQ giving us a... Read More
  10. Patton Engineering Is Working Smarter with QUICKSTOCK
    Patton Engineering Is Working Smarter with QUICKSTOCK
    Patton Engineering, Hawke's Bay - Success Story   ‘Exploring what the... Read More
  11. QUICKSTOCK Was A No Brainer For Spunlite
    QUICKSTOCK Was A No Brainer For Spunlite
    Spunlite Limited, Christchurch - Success Story   ‘It just looked like... Read More
  12. There's No More Interruptions At Warren Auger Bins
    There's No More Interruptions At Warren Auger Bins
    Warren Auger Bins (NZ) Limited, Matamata - Success Story   ‘We’ve... Read More
  13. There's No Mucking Around At Sokoza Engineering
    There's No Mucking Around At Sokoza Engineering
    Sokoza Engineering, Matamata - case study   ‘We’d just run out of... Read More
  14. McCurdy Trucks Say QUICKSTOCK™ Has Made It Easier
    McCurdy Trucks Say QUICKSTOCK™ Has Made It Easier
    McCurdy Trucks, New Plymouth - Success Story   ‘What we love now with... Read More
  15. Heslops Engineering Just Did It - And They Haven't Looked Back
    Heslops Engineering Just Did It - And They Haven't Looked Back
    Heslops Engineering Limited, Nelson - Success Story   ‘My biggest... Read More
  16. HML Engineering Say QUICKSTOCK™'s An Incredible Advantage
    HML Engineering Say QUICKSTOCK™'s An Incredible Advantage
    HML Engineering, Blenheim - case study   ‘QUICKSTOCK™ to us has been... Read More
  17. Monkeytoe Move From Kanban To QUICKSTOCK
    Monkeytoe Move From Kanban To QUICKSTOCK
    Monkeytoe Group, Hawera - Success Story   ‘You’d run out of stock... Read More
  18. Why QUICKSTOCK Made Good Sense For Total Stockcrates
    Why QUICKSTOCK Made Good Sense For Total Stockcrates
    Total Stockcrates, Palmerston North - Success Story   ‘It’s added to... Read More
  19. Mike Christie Sheetmetals Would Prefer To Keep QUICKSTOCK A Secret!
    Mike Christie Sheetmetals Would Prefer To Keep QUICKSTOCK A Secret!
    Mike Christie Sheetmetals Ltd, Palmerston North - Success Story   ‘It... Read More
  20. Royal Wolf Encourage Other Engineers To Make The Change
    Royal Wolf Encourage Other Engineers To Make The Change
    Royal Wolf Trading NZ, Auckland - case study   'Everything is just so... Read More
  21. Why East Coast Bays Engineering Ordered QUICKSTOCK
    Why East Coast Bays Engineering Ordered QUICKSTOCK
    East Coast Bays Engineering, Auckland - case study   'With monthly... Read More
  22. Steelcraft prove success from focusing on key tasks
    Steelcraft prove success from focusing on key tasks
    Steelcraft Engineering Ltd, Auckland - case study   'It's given us time,... Read More
  23. How TRT streamlined inventory processes to save 5-6 hours per week
    How TRT streamlined inventory processes to save 5-6 hours per week
    TRT - Tidd Ross Todd, Hamilton - Success Story   'The time saving for... Read More
  24. How Active Engineering have made their purchasing quicker and easier.
    How Active Engineering have made their purchasing quicker and easier.
    Active VMA Engineering Solutions, Rotorua - case study   'It’s so user... Read More
  25. Here's how Vertec saved time & money!
    Here's how Vertec saved time & money!
    Vertec Ltd, Waikato - Success Story   'It turned the idea of being... Read More

WANT TO KNOW MORE?

Abrasives, Brushware, Cutting tools, General, Polishing, Safety and Welding

Euromarc's here to provide you with quality products, great prices, excellent customer service, inventory management solutions, same day dispatch….anything the kiwi engineer could want! Our consumables are sourced specially for NZ engineers, including a huge range of abrasives such as cutting discs, flap discs, sticky or velcro sanding discs, through to linishing belts. There's also cutting tools, welding and accessories, metal polishing, work safety gear (PPE)...everything you need!