VMI

Vendor Managed Inventory (VMI)

 

IP Products offers a VMI solution as an alternative to full-time, full-expense material oversight. This demand driven process, involves an agreement between the supplier and customer that gives the supplier complete responsibility for maintaining a certain inventory level. Rather than creating, sending and receiving purchase orders from the customer, IP Products generates replenishment orders based on detailed demand information.

 

Increases:

  • Fill rates
  • Service
  • Inventory levels
  • Focus on core business objectives
  • Productivity

 

Reduces:

  • Transaction costs
  • Supply inventory costs

 

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