Vendor-Managed Inventory
Plastic Extrusion Vendor-Managed Inventory
What is VMI?
Vendor-managed inventory (VMI) is a family of business models in which the buyer of a product (business) provides certain information to a vendor (supply chain) supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material. As a symbiotic relationship, VMI makes it less likely that a business will unintentionally become out of stock of a good and reduces inventory in the supply chain. Drop shipping straight to different locations of multiple private labeled products is also a function of VMI.
Consumer Benefits
Consumers benefit from knowledgeable store staff who are in frequent and familiar contact with manufacturer (vendor) representatives when parts or service are required. Store staff have good knowledge of most product lines offered by the entire range of vendors. They can help the consumer choose from competing products for items most suited to them and offer service support being offered by the store. At the goods’ manufacturing level, VMI helps prevent overflowing warehouses or shortages, as well as costly labor, purchasing and accounting. With VMI, businesses maintain a proper inventory, and optimized inventory leads to easy access and fast processing with reduced labor costs.
Additional Services
Co-Extrusions
Extrusions
Design
Advantages of Hi-Tech VMI
Inventory Control
Allows customers quick access to quick inventory allows to serve multi-location OEMS
Inventory Control
Inventory Reports
Our Inventory Reports show current inventory and expected ship dates.
Inventory Reports
Inventory Capacity
We produce thousands of feet of profiles 24 hours a day.
Inventory Capacity
Symbiotic Relationship
Makes it less likely that a business will unintentionally become out of stock of a good and reduces inventory in the supply chain.
Symbiotic Relationship
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