Vendor Managed Inventory (VMI)
What is Meant by Vendor Managed Inventory (VMI)?
Vendor Managed Inventory is the use of remote level sensing technology to measure and report the level of any type of substance, with data and high or low level alerts accessible from a remote location.
The use of remote level monitoring helps to significantly reduce bulk distribution (fuel, oil, AdBlue) and collection (waste, recycling) costs. By knowing when a tank needs attention, efficient logistics can be planned and costs reduced. Moreover, service and supply contracts can be won and retained by offering enhanced service levels to end-users and removing the responsibility for them to check their own levels and arrange deliveries/collections. Personal, process and environmental safety is also protected by avoiding run-outs and overspills.
Powelectrics offer over 25 years of experience in sensing and instrumentation, empowering the Industrial Internet of Things by connecting sensors to the cloud. Many applications involve remote level monitoring of tanks, silos, rivers, reservoirs, sewers for bulk collection and deliver, flood protection, security, safety and the environment.
Powelectrics technology can accomodate any shape or size of tank and contents may be liquid, gas, powder and even granules.
Telemetry devices are afforable, easily installed and can report data from up to four tanks. Data and alerts are sent wirelessly at user-defined intervals to unlimited authorised users, wherever they have web access... to smart devices, laptops, desktops.
MetronView is our standalone cloud, with customisable dashboards, reporting & alarms. It is a highly secure and scalable IoT solution, processing millions of readings daily and offers an API, so data can be collected by other data platforms. More here.
For bulk collecion and distribution applications, Powelectrics offer a bespoke portal, MetronTMS. Thresholds can be configured for individual tanks to alert customers when tanks are reaching amber and red alert low levels and even predict when individual tanks will need filling, based on recent usage. Tanks can be plotted on a map, by colour code and postcode to enable efficient logistics planning. More here.