VENDOR
MANAGED
INVENTORY
Let Us Help
You Find Ways to
Reduce Expenses
& Improve
Productivity
Through Vendor
Managed
Inventory
Working together we can take some of the costs out of your purchasing
activities. The
basis of vendor
managed
inventory is
that the true
cost of
fasteners is the
in-place cost.
That is, the
cost of the
fasteners once
it has been
installed
including:
-
Invoice
cost or
"price"
-
Acquisition
costs
-
Monitoring
inventory
levels
-
Shopping,
comparing,
creating
purchase
order,
ordering
from
vendor
-
Handling
costs
-
Receiving
-
Inspecting
-
Stocking
-
Installation
cost
-
May
we
suggest
a more
efficient
fastener
for your
application?
-
Out-of-Stock
situations
-
An
item
that is
not
available
when
needed
is the
most
costly,
no
matter
what the
"price"
is.
The goal of
Vendor Managed
Inventory is to
reduce the costs
that add to the
original price
resulting in a
lower 'in-place'
cost.