We prepared a quick explainer video on the benefits of vendor managed inventory VMI and 8 steps to implementing it. We aim to debunk the myths around logistics services, and illustrate the benefits to all manufacturers.

Why VMI? To Boost Productivity

At a fundamental level VMI is an inventory management, product supply and replenishment arrangement whereby your VMI partner utilises their logistics expertise to fulfill these functions, and collaborate with the manufacturer on a lean supply chain solution.

VMI turbocharges your inventory management and order fulfillment.

In terms of  raw benefits, with a VMI implementation you can see:

  • x3 Increased inventory turnaround
  • 25% Inventory and lead time reduction
  • 5%+ Increase in profit

You can find more about our VMI services here.

And if you appreciate the video, please like it on YouTube and subscribe to our channel.

⚠️  — Plan for longer lead times during the PandemicMORE INFO ⇢
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