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Vendor Managed Inventory (VMI)

 

 
 

TOP 10 VENDOR MANAGED INVENTORY (VMI) ADVANTAGES

 
 

1.Increase Working Capital $$$

2. Reduce On Hand Inventory $$$

3. Increased Inventory Turns $$$

4. Reduce Administration and Overhead Cost $$$

5. Eliminate Redundant Testing and Inspection $$$

6. Eliminate Incoming Inspection (Dock to Stock) $$$

7. Mitigate Obsolescence and MOQ (Minimum Order Quantities) $$$

8. Low Cost Kitting $$$

9. Customerized Program To Meet Your Exact Requirements $$$

10.Improve Customer Satisfaction Through Quick Turn and On Time Deliveries

SAVINGS OFFSET COST

 
 
 

Vendor Managed Inventory

The industry’s only true vendor managed inventory system...

We can manage your inventory through our exclusive Vendor Managed Inventory (VMI) program. You’ll work closely with a dedicated VMI program manager and have secure, firewall-protected access to your own inventory and shipping information, with easy-to-understand reports emailed to you on a regular basis. You’ll know exactly how many of your items are in stock, when they’re shipping, and be alerted to any back-orders to avoid manufacturing disruptions. It’s one of the many ways we help our customers maintain delivery, competitive pricing, improve their cash flow, and reduce quality inspection delays.

 
Value-Add Stockroom

“Our goal is to ensure that our customers get the parts they need, when they need them — and how they need them — to integrate smoothly into their quality assurance and manufacturing processes. That’s why we offer a wide range of processing, testing, stock control, and inventory management services – from the major inventory management methodologies such as Kanban and JIT to value-added testing, traceability, and storage services.”

MICHELLE AUBREY, PRESIDENT, ES COMPONENTS

 
 
 

VMI

 

  • Improved cash flow

  • Increased inventory turns

  • Reduced quality inspections

  • Fixed competitive pricing

  • Detailed reporting status

  • Dedicated VMI Program Managers

  • Requirement and obsolescence monitoring

 
 
 

Consignment Programs

 

  • Turn obsolete, overstock, and residual inventory into cash

  • Our market price knowledge ensures you get the maximum value for your products

  • Tax advantages for inventory write-off

  • Reduced physical inventory storage concerns

  • Custom detailed reporting on your current inventory position

  • Immediate access to your inventory if you need an item

JIT/Bonded Stock

  • We will bond inventory to your specific requirements

  • Bonded inventory can be shipped just-in-time

Dock-To-Stock

 

  • ES Components is a certified dock-to-stock supplier

  • Quality ratings approaching 6 Sigma levels

  • Eliminates internal inspecting

Kitting

  • Customized kitting program to manage bill of materials (BOM) or hybrid assembly

  • Store and kit components based on specific requirements
    Advantages

  • Reduce SKUs In Your Warehouse

  • Lower Transaction Costs

  • Fewer Returns and Shrinkage

  • Reduce The Amount Of Packaging Materials

  • Reduce The Amount Of Floor Space Used
    In Your Manufacturing Facility

  • Increase Both Internal and External
    Customer Service Levels

Kanban Programs

  • Enhanced operational efficiency

  • Maintain required bin quantities

  • Release frequency maintenance