Vendor Managed Inventory

When it comes to sourcing engineered and standard fasteners for your company, there are a number of factors to consider. Is your supplier reputable? Do they offer additional services or simply provide stock? Are they dedicated to instituting a policy that prevents the shipment of defective parts? All of these questions – and many more – should be asked during the selection process. After all, you're looking for a supplier that will work closely with you to ensure that your production line is steadily receiving the fasteners that it needs and, as a result, consistently producing.

If you’re looking at implementing a vendor managed inventory program, you’re undoubtedly investigating the pros and cons of the various providers. Since it’s essential that they be able to deliver on your expectations – meet your distribution needs, stock the inventory that you require, and more – you need to be confident in their ability to deliver. For the continuity of your operation, it’s also critical that you select a provider that responds quickly, ships without delay, and delivers quality parts on time, every time. In this post, we’re going to discuss how ASF Components can help you maintain your inventory with our top-quality VMI programs.

If you've been considering vendor managed inventory, you've certainly weighed the benefits: more accurate inventory, less time spent maintaining stock, and more consistent, reliable components. After looking closely, you likely arrived at the conclusion that VMI can help you reduce costs and improve performance. By alleviating the burden of maintaining your inventory by hand, VMI helps you cut labor costs but, more importantly, it allows you to better address your customers' needs... more efficiently, more accurately, and less expensively.

The overarching goal of vendor managed inventory is to establish a relationship that allows both parties to work more fluidly, accurately and efficiently. With VMI, the manufacturer or distributor takes on the responsibility of handling your inventory planning and restocking. Because of this, the partnership relies on trust and the sharing of information. In a properly-tuned VMI relationship, both you and the supplier benefit due to the steady, dependable exchange of necessary components. To ensure a mutually beneficial partnership, here are a few tips on how you can make vendor managed inventory work for you.

Vendor managed inventory, commonly called "VMI," is a business model that places the burden of logistics on suppliers. VMI suppliers assume the responsibility of monitoring demand and using that information to maintain inventory levels. One major benefit of this model is that it allows manufacturer's to focus their attention on their core duties, duties that contribute to their company's profitability. But, more than that, VMI is beneficial to companies because – when properly implemented – it can save money and boost profit margins. In this post, we're going to look at why using vendor managed inventory to handle your class "C" components is an option worth considering.

From global manufacturers to small, local operations, it pays to be aware of all of your stocking and inventory options. It may be tempting to manage your own inventory... the idea is that it reduces outside costs and keeps everything simple. Unfortunately, however, it often complicates things and, worse yet, interrupts day-to-day operations by taking time away from your employees. In this post, we're going to look at how vendor managed inventory and warehouse logistics from ASF Components can help you streamline your operation and, more importantly, save you both time and money.

Are you in need of a new vendor managed inventory system where you do not have to worry about lead times, surpluses, or shortages? With ASF Components, we are here to help keep you supplied and help you maintain superior quality control. We have a trusted integrated system that will increase chain efficiency, decrease costs and errors, and make your warehouse and manufacturing facility more spacious. In today’s post, we will be discussing the benefits of having vendor managed inventory with our company.

If you’ve ever had to slow – or halt – your production due to missing parts, you owe it to yourself to look into the benefits of vendor managed inventory (VMI) from ASF Components. Simple, straightforward, and cost-efficient, VMI is a great way to ensure that your inventory is maintained and, more importantly, that your production line keeps producing. With VMI, you’re able to free up your employees to devote their time to more profitable tasks and, best of all, you won’t have to endure the hassle – and heartache – of inaccurate inventory counts.

If you've been considering vendor managed inventory, it is critical that you thoroughly investigate your provider's distribution capabilities. As you will be relying on the provider to maintain your stock levels, you must be certain – absolutely certain – that they can deliver the critical parts and components you need. More than that, they must be responsive, on time and – perhaps most importantly – capable of performing thorough quality tests on the parts that you request. In today's post, we're going to look at how ASF Components can help you maintain a massive inventory of high-quality parts with our innovative VMI programs.

When it comes to vendor managed inventory, your company deserves a partner that will fight to reduce costs, improve operations and increase available manufacturing space. While there are a number of VMI providers out there, only ASF Components has the unique combination of experience and expertise required to amp your efficiency up to their maximum levels within the supply chain. We have years of experience in sourcing the correct parts, supplying them in a timely manner and at a price that is cost-effective. Today, we’re going to take a closer look at some of the ways that our experience with vendor managed inventory can optimize your supply chain and improve your inventory management.