a division of
Applied Weighing International






  Advantages of Vendor Managed Inventory (VMI)

Converter / Manufacturer

 Reduce cash output
JIT or timely deliveries
Reduced inventory levels
Customised data available on product usage rates, actual product delivery times and quantities
Reduced costs due to remote site visits
Reduces costs due to level monitoring
Availability issues reduced
Minimise possible production interruption due to empty silos
Integrate supply data into office environment for improved efficiency

Supplier / Vendor

Track past material usage
Anticipate demand
Improved forecasting
Reduced inventory levels
Increased barriers to exit
Enhance strategic partnership approach to customer
No order entry errors
Optimise delivery schedules
Reduce need for costly rush deliveries
Improve level of customer satisfaction


 
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Copyright 2004