Vendor Managed Inventory
Vendor Managed Inventory VMI
As a manufacturer, your need for available parts is mandatory for maintaining required inventory levels. One of the best solutions to this issue is Vendor Managed Inventory (VMI). VMI is a streamlined approach to order fulfillment and inventory management where we will fulfill stock requirements in a bin at your location(s).
VendInvent Solutions offers a full-line of VMI programs that we can customize to meet your needs. With our experience field experts we can help you lower transactions, receiving, purchasing and quality costs. This will help you to reduce inventory outages so that you can help minimize any costly downtime and maximize productivity. We also offer a broad-product line that will help you consolidate vendors and will lead to additional cost savings.
If you’re a manufacturer that has a diverse mix of facilities, we can tailor our solution mix for each one. One facility might be doing simple ad hoc purchasing, another might benefit from a vendor-managed inventory solution, and a third might find a fully integrated supply solution the best way to go. With VendInvent, there’s no need to work with multiple suppliers to meet all those needs.
With a scope of services that spans the full spectrum of supply chain needs, VendInvent has unmatched flexibility—the ability to innovate and put the most appropriate solution in place for each business need.
We focus on these areas, so you can focus on what you do best:
- Source-controlled procurement and Global Sourcing
- Jit Inventory
- OEM critical spares management
- Product substitutions, standardization, and conversions
- Inventory reduction
- Shorter lead times with delivery coordination
- Control the availability of goods
- Point-of-use supply (vending & binstocks)
- Technical support