Vendor Managed Inventory Programs
Our Vendor Managed Inventory (VMI) Programs dramatically reduce costs, inventory, and overhead, while increasing turns, availability and manufacturing process efficiencies. With our ability to provide product and VMI services around the world, we can effectively manage your requirements and customize a program to fit your needs. We have a low cost business model and can meet your service and replenishment requirements at the lowest total cost.
The proactive management of our VMI programs allows for appropriate stocking levels, which are adjusted based on customer business conditions. We perform a root cause analysis on any shortage that occurred and continuously look to improve the program. We have the systems, people, and inventory to support your fluctuating demand - You have the right amount of parts at the right time so you can effectively run your business.
BIN STOCKING VMI PROGRAM
Field Team Member will visit the customer facility as required to visually audit the stocking quantities and create an order for items below the minimum quantity by utilizing a bin barcode and scanner.
POINT OF USE (POU) REPLENISHMENT
Material handling costs, errors and stock-out rates increase as more hands touch direct materials and as those materials are moved from one place to another within the production floor. Point of use replenishment focuses on maintaining inventory as close to the point it is used as possible. This promotes greater efficiency, as inventory is at your workers' stations when they are ready to use it.
IN PLANT STORE
If you are looking for active, daily, on-site inventory management solutions and want consignment inventory onsite, our "In plant Store" system is your solution. This service is an add-in feature of our VMI program, offering on-site vendor warehousing where Field maintains inventory and staff within your manufacturing site.
Other programs may include the following: Consignment KANBAN, EDI, Camera, On Line Portal, or Networked Scales
