Managed Inventory

In order to assess suitability for a managed stock system, we initially require a list of the items and the annual usage. The usage is critical because the key to ensuring the correct operation of managed inventory is not the stock you hold, but the additional stock we hold off site.

The process.

An initial meeting to understand the specifics of your business.

Preparation and submission of a full quotation.

Agreement of stock levels and frequency of replenishment.

Final agreement and Contractual engagement.

An initial meeting to understand the specifics of your business.

Preparation and submission of a full quotation.

Agreement of stock levels and frequency of replenishment.

Signing an agreement.

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Implementation.

How the system works

• Each customer requirement is unique and therefore the size, scope and complexity changes with each new implementation. What does not change is our attention to detail.
• Each item is checked and individually identified to ensure that the correct stock is brought to your site.
• A dedicated location must be made available to house the stock.
• For each individual managed item two colour coded bins are loaded with stock. The front bin for production to draw stock from and a back bin as a back up when the front bin is empty.
• When the front bin is empty it is placed behind the replenishment bin, immediately providing a coloured indication that a bin needs to be re filled. The pick face gives a clear visual indication of the stock status both for the client and for the stock manager.
• The amount of stock in each bin is defined by the usage and frequency with which the stock manager visits your site. There should be enough stock to cover the time between two visits. The first visit to note that demand (usage) has occurred and the second visit to make the delivery (replenish).
• At the end of an agreed period, weekly or typically monthly we generate an invoice detailing the items supplied during the given period. This reduces the number of purchase orders and therefore invoices to process.

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Privacy Policy

In 2 Components Ltd Privacy Policy (www.in2components.com)

General Data Protection Regulation (GDPR) commencing 25/05/2018 - protecting your rights with regard to data protection and deletion.

At In 2 Components Ltd we take your right to privacy seriously. This privacy statement deals with personally identifiable information ("data") that may be collected by us.

We may amend this document from time to time to reflect the latest view of what we do with your information. Please check back frequently; you will be able to see if changes have been made by the date it was last updated.

As a requirement of the GDPR legislation we are required to address how we use your personal information?

We may process your personal information for our legitimate business interests. This could be for the prevention of fraud, to action enquiries, orders, to modify or improve our services and for direct marketing.

Whenever we process data, we will ensure we consider your personal data rights with high regard and take account of these rights.

Who we are :-

In 2 Components Limited is a distributor of industrial threaded fasteners and associated components. We also manufacture wire suspension systems for lighting.

We are a privately owned company based in the UK.

What personal data do we collect? and for what use? :-

In 2 Components Limited is a “Controller” of personal data under the terms of GDPR.

We collect basic general data including your:

• Name
• Business address
• Telephone/Fax numbers
• E-mail address

We use your personal information when it is in our legitimate interest. By this we mean for the purpose of conducting business with you and or your company and nothing else. We may use your personal data to send you information concerning business transactions but also to keep you up to date with regard to our products and services.

Generally you provide us with your personal data directly through the normal course of business interaction.

We may also collect your data when you provide permission through social media providers such as Linkedin, Twitter or Facebook.

You may also complete online requests for information through our website.

You may have provided permission to a third party to allow your information to be passed on for example by affiliated group companies.

We may also use other publicly available sources.

If you wish to change the way we contact you or wish us to no longer contact you with marketing information, please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it.

Legitimate interests.

In accordance with the new GDPR data protection law May 2018 we are required to choose a lawful reason for using or processing your personal data.

We have chosen legitimate interest on the basis that this definition best matches our business interactions with you, without causing harm or compromising your individual rights.

When you provide us with your personal data we use this information for the express purpose of providing our goods and services. Your information enables us to best communicate with you in a timely and effective manner, without harming you individually.

We may however also use your data to prevent fraud, provide direct marketing, collect data analytics, or to enhance, modify or personalise our services to you.

When we process your personal information for our legitimate interests, we will consider and balance any potential impact on you and your rights under data protection and any other relevant law. Our legitimate business interests do not automatically override your interests – we will not use your personal data for activities where our interests are overridden by the impact on you (unless we have your consent or are otherwise required or permitted to by law).

Sharing Your Information

There are certain circumstances where we would share your information.

• When required by law (for example by government bodies and law enforcement agencies).
• If you have agreed that we may do so.
• When we use other companies to provide services on our behalf, for example when processing, mailing or delivering orders, answering customer queries, sending mail and emails, customer analysis, assessment and profiling or when using auditors/advisors.

However we will never sell or pass on your personal information to other organisations.

What are your rights?

A new data protection law, commencing in May 2018, gives everyone a number ofimportant rights. These are:

• Transparency over how we use your personal information (right to be informed).
• Request a copy of the information we hold about you, which will be provided to you within one month (right of access).
• Update or amend the information we hold about you if it is wrong (right of rectification).
• Ask us to stop using your information (right to restrict processing).
• Ask us to remove your personal information from our records (right to be 'forgotten').
• Object to the processing of your information for marketing purposes (right to object).
• Obtain and reuse your personal data for your own purposes (right to data portability).
• Not be subject to a decision when it is based on automated processing (automated decision making and profiling).

If you would like to know more about your rights under the data protection law see the Information Commissioners Office website www.ico.org.uk

Retaining your information

• We hold your information only as long as necessary for each purpose that we use it for.
• If you decide to request that we have no further contact with you, we will keep some basic information in order to avoid sending you unwanted materials in the future and to ensure that we don’t accidentally duplicate information.

Cookies and how we use them

Your details on the web:

A cookie is a small file stored on your computer or device, which enables our website to identify your computer or device as you view our website pages. Cookies allow websites to store your preferences and track how websites are used.

We may use cookies to:

• Record website usage data
• Identify whether you are signed into our website
• Test content on our website
• Store information about your preferences
• Recognise when you return to our website

We use Google Analytics to track customer behaviour to better improve our services to our customers. You can read the Google Analytics privacy policy here.

How to contact us

If you wish to discuss anything in our privacy policy, find out more about your rights or obtain a copy of the information we hold about you, please contact us.

If you wish to raise a complaint on how we have handled your personal data, you can contact us and we will investigate the matter.

If you are not satisfied with our response or believe we are not processing your personal data in accordance with the law you can complain to the Information Commissioner’s Office (ICO)

Contact details

By telephone: 01527 502211

By email: This email address is being protected from spambots. You need JavaScript enabled to view it.

By post: 82 Arthur Street, Lakeside, Redditch, B98 8JY

Terms and Conditions of Sale

1. Application – Unless otherwise previously agreed in writing between In 2 Components and its Customers, the following terms and conditions of sale shall apply to all sales of goods.
2. Prices – Price applicable to the sale of goods by In 2 Components to the Customer shall be the price ruling at the date of despatch. We therefore reserve the right to amend prices quoted at the date of order placement by notifying the customer prior to shipment.
3. Carriage – The company has sole discretion over the choice of delivery method and or sub contractor employed. Where a carriage charge is necessary this will be agreed with the customer prior to despatch of goods.
4. Date of despatch – The date of despatch is quoted without engagement, although every effort will be made to ensure that delivery dates are met. Under no circumstances will the company be liable for any loss arising from delay in despatch however caused. Time shall not be of the essence under these terms of sale.
5. Damage and loss of goods –
1. The company will not accept liability for any damage caused to goods unless notified within 24 hours of receipt.
2. In case of a non delivery the company accepts no liability unless written notice is given within 72 hours after date of advice of despatch.
3. The company’s liability for damage in transit or non delivery of goods where notified in accordance with sections 5 a & b shall in any event be limited to replacement goods within a reasonable time regardless of the circumstances leading to the claim.
6. Claims – Subject to the conditions laid down in section 5, all claims for goods alleged to be defective must be made in writing within 3 days after the date of delivery. Once notification is so received the company may require return of the goods or for the goods to be made available for inspection. Should the company be satisfied as to the defects then it retains the option to either replace the defective goods within a reasonable time or credit the customer with the agreed price. All defective goods so returned shall be the property of the company. Except as provided above, the company shall have no liability whatsoever arising out of any agreement to sell or sale of goods including claims for direct consequential or other loss, damage or expense, whether arising or alleged to arise under any warranty statement, conditional term expressed or implied, statutory or otherwise or in negligence or alleged negligence on the part of the company or otherwise. In no circumstances shall the company be liable for loss or damage in excess of the contract price.
7. Risk and Title –
1. Risk of loss of or damage to the goods shall pass to the Customer at the time of delivery.
2. The legal and beneficial ownership of the goods shall not pass to the customer until payment in full of all sums due and owing by the customer to the seller in respect of goods are paid in full.
3. If at the time when legal and beneficial ownership of the goods would otherwise pass to the customer under sub clause (b) of this clause sums are due and owing by the customer to the seller otherwise than in respect of the goods then legal and beneficial ownership of the goods shall not pass to the customer under that sub clause until payment in full of all such other sums has been made by the customer.
4. Until legal and beneficial ownership of the goods shall pass to it the customer shall hold the goods as bailee for the seller but shall be at liberty to transfer the legal and beneficial ownership of the goods at the normal course of trading. Pending legal and beneficial ownership passing to the customer, the customer shall keep the goods in good condition and in such manner that they can readily be identified as the property of the seller. Proceeds of any sale of the goods shall be paid into a separate bank account opened by the customer.
5. The whole of the price for the goods shall not be treated as paid until the cheque, bill of exchange or other instrument of payment has been received and cleared. The seller may sue for the whole of the price at any time after it has become payable.
6. Payments shall be applied to invoices in the order in which they were issued and to goods in the order in which they are listed in invoices save where the customer shall specify otherwise in writing to the seller at the time of payment. In the case of any doubt as to the order in which invoices were issued a certificate by any director of the seller as to the order in which they were issued shall be binding on the seller and the customer.
7. If the customer sells or disposes of the goods in the normal course of trading before the price is paid, the customer shall, subject to sub clause (h) of this clause, hold on trust for the seller.
1. if the goods had not been attached to other goods, the whole of the proceeds of sale;
2. if the goods had been attached to other goods, such proportion of the proceeds of sale of the sale of the goods represents the cost to the Customer of the goods supplied by the seller attached thereto.
8. The trust declared in sub clause (g) of the clause shall be void if and to the extent that a trust in the like terms arises by operation of law in favour of the seller. The customer hereby irrevocably appoints the seller as its attorney for the purpose of perfecting the sellers title to any such proceeds of sale referred to in sub clause (g) of this clause.
9. The customer shall not:
1. pledge the goods or documents of title thereto to allow any lien to arise thereon;
2. deal with or dispose of the goods or documents of title thereto or any interest therein otherwise than in the normal course of trading.
10. If the Customer defaults in the punctual payment of any sum owing to the seller then the seller shall be entitled to the immediate return of all goods sold by the seller to the customer (or the documents of title thereto) in which the legal and beneficial ownership has not passed to the customer, and the customer hereby authorises the seller to recover the goods or documents and to enter any premises of the customer for that purpose, Demand for or recovery of the goods or documents by the seller shall not in itself discharge either the customer’s liability to pay the whole price and take delivery of the equipment or the seller’s right to sue for the whole of the price.
11. If any provision or part of the clause should be held unenforceable or in conflict with the law of any jurisdiction any part so held unenforceable or invalid shall be severed from this clause and the enforceability and validity of any other parts or provisions of this clause shall not be affected by such severance.
8. Payment – For the purpose of this clause the payment due date shall mean the date of the invoice plus the agreed payment terms of 30 Days unless otherwise agreed in writing in advance. The company reserves the right to levy a charge of 2% of the invoice value per month from the due date to the date of receipt of outstanding amounts.
9. Interpretation – All agreements made between In 2 Components and the Customer shall be subject to and governed by the domestic law of England.

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