Vendor Managed Inventory
From working with our customers analysing their data we know 86% of deliveries are inefficient when they don't use Vendor Managed Inventory (VMI) and that by fitting Metron telemetry 24% fewer deliveries are needed. Our Vendor Managed Inventory systems saves money, improves customer service, reduces CO2 emissions and allows for future expansion.
Vendor Management Software
Vendor Managed Inventory (VMI) is a well-established practice in many other industrial sectors. It relieves customers of the need to place orders in the conventional manner and puts the onus on suppliers to replenish customers’ supplies within agreed limits. This gives the producer both visibility and control of the end-to-end supply chain, allowing it to manage inventory and transport capacity more efficiently. From the customer’s perspective, the main disadvantage of VMI is that it locks them into a single-sourcing arrangement with a particular supplier. Experience in other sectors, however, suggests that the risk associated with single sourcing can be more than outweighed by the cost and service benefits of VMI.
Benefits of Vendor Management Inventory
The benefits of remote tank gauging and Vendor Managed Inventory aren't just in the operations & logistics departments. See the list of benefits below, however if you require further information then contact us direct today:
- Reduced distribution costs
- Lower carbon emissions
- Improved customer satisfaction
- Longer term & single source supply contracts
- Fewer panics & run outs
- Long term production scheduling, helping manufacturing and purchasing
Here at Powelectrics we offer wire free Vendor Managed Inventory systems that are affordable, reliable and easy to deploy.
Contact us regarding our Vendor Management Inventory
For more information regarding our Vendor Management Inventory or how our systems can benefit your company then contact our office today. Call us direct on 01827 310 666 of alternatively fill in the enquiry form below:
View Related Products
The Metron2 makes remote monitoring simple and affordable, whatever your application, wherever your location, wherever your equipment is, whatever your industry. The Metron2 interfaces to your sensors, periodically taking readings and transmitting them over the mobile phone network. It can run from an internal battery, a solar cell or an external source of power. The Metron2 can send data and alarms directly to your mobile phone, a hosted data collection service or directly into your computer systems.
Our range of continuous Level measurement products includes Ultrasonic Level sensors, Hydrosatic Level sensors, Radar and Guided Radar Level Sensors as well as Capacitance Level Sensors.
Improve your inventory management and reduce your operating costs - the use of our Metron range has been proven to save 24% of deliveries. The Metron2 can wirelessly send you alarms when your tanks are getting empty or full. The Metron2 will interface to a variety of level switches to send alarms from remote locations to you by text message, email and even to your ERP system.
The use of remote inventory management has been proven to provide significant savings in the bulk distribution of chemicals, fuels, cryogenic gases, foodstuffs and animal feed.
CEFIC (The European Chemical Industry Council) are encouraging the extended use of Enterprise Resource Planning (ERP) tools to improve supply chain efficiency as competition from chemical companies in Asia erode the Europeans market share. ERP is widely adopted but the benefits of it are not being fully exploited.
Vendor Managed Inventory
If you would like more information regarding our Vendor Managed Inventory applications then contact us direct today. Call us on 01827 310 666 or fill in the online enquiry form below.Enquire Now
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