Effective Vendor Managed Inventory Solutions
If your company needs to lower costs of accounting, freight, procurement, purchasing, receiving and sourcing; plus enhance your overall supply chain process, you may benefit from a vendor managed inventory (VMI) consultation. Over two-thirds of our customers are currently on a VMI program for fasteners and other class c parts.
VMI Program Features
At Class C Components, we are a premier VMI service provider in Minnesota. Utilizing the latest iPhone scanning technology, our VMI program boasts the fastest order transmission speed in the industry. Orders are scanned and transmitted to our customers purchasing departments and our fulfillment teams, before we even leave your facility.
As experts in industrial distribution, we tailor a vendor managed inventory solution to fit your production needs:
- Establish expectations
- Prepare Quote
- Evaluate variables related to transition of existing vendors and inventory
- Suggest the addition of other industrial product categories for the VMI
- Provide cost saving product alternatives
- Program verification and review
- Implementation and measurement for continuous improvement and development
Review of Your VMI Program
After implementation, we carry out a complete review of your VMI solutions within 30, 60 and 90 days. We evaluate and make the necessary minimum and maximum level per part revisions for each location, recommend fastener and other part additions, as well as suggest location changes to ensure maximum program efficiency. This review process is constant and lasts the duration of the program.
Potential Product Group Candidates for VMI
Within your VMI system, we are able to service the following product categories:
- Cable Management
- Cutting Tools
- Material Handling
- Parts Kits
- Protective Caps and Plugs
- Safety Products
- Shipping Products
Get a Consultation
As a leader among vendor managed inventory companies, you can request a VMI services consultation as your next step to reducing inventory to freight costs to support the continual refinement of your supply chain process. To get started, call our team today at 763.535.0400 or email us at email@example.com.