Vendor Managed Inventory (VMI) is one of the most important tools a manufacturer can use to increase bottom line results and improve customer deliveries. If you are a manufacturer that doesn't want to carry the inventory on your books, then VMI is the solution for you.
DHL Supply Chain designs VMI solutions that allow you to postpone the delivery and ownership of components until the last possible moment. The key to VMI is strategically placing an inbound hub close to your manufacturing facility so the parts are delivered to your assembly line just in time for production. This coordinated effort is only possible if every party in the supply chain knows what parts are inbound to the hub, how much material is in inventory and what has been placed into production.
The key to getting the right part, in the right place at the right time is our supply chain solution event management system. It lowers risk and cost by improving both the flow of products and communication between supply chain partners. Because as you know, when unused technology inventories are reduced, there's less risk of loss, damage, and obsolescence.
Contact an DHL Supply Chain technology logistics specialist