In business since 1979, Falcon Metal Corporation has grown to become this region’s premier distributor of fasteners and other class “c” manufacturing components to original equipment manufacturers and others.
Falcon’s success is due in part to developing its own version of “lean manufacturing” that helps its customers with inventory management, leading to higher productivity for its customers.
Falcon tailors its inventory management to meet the needs of each client. Many clients use the Falcon Barcode Inventory System, which keeps customers supplied with only the materials they need, as they need them. The system keeps track of items as they are used and when the items fall below the minimum stock level, they are automatically reordered.
Falcon helps their customers understand the Total Procurement Costs of their distributed items, taking into account everything from the paperwork involved in ordering to storage costs, process controls and downtime due to low inventories – all of which are costs above and beyond the actual price of the products.
In addition to using “lean manufacturing,” Falcon employs a version of “open book management” to build a dedicated workforce that understands the “Falcon Way.” A cornerstone of the program is a rigorous hiring process that involves in-depth interviews combined with Personal analysis, which helps the company and the prospective employee understand if the will be a good fit.
The success of Falcon has not gone unnoticed. The Charlotte Business Journal has named Falcon one of the best places to work in the region. The Charlotte Observer has profiled the company’s successful hiring practices, and the company is featured in the November issue of Greater Charlotte Biz magazine.
In a letter of congratulations to Falcon President Don Nowak, Carolina Premier Bank President John S. Kreighbaum praised the company for its success. “Your support and friendship have meant much to our bank and we appreciate you.”
For more information about Falcon Metal Corporation, visit the company website at http://www.falconmetal.com/.