Vendor Managed Inventory (VMI)
The headaches of keeping track of orders and inventory belong in the last century
Stream lining functions between NIBCO and customers is an opportunity whose time has come. And VMI is the key for creating the partnerships that can give you relief from your daily inventory management headaches. VMI is a sophisticated, cooperative service that reduces your overhead by transferring your inventory management, order entry and forecasting to NIBCO.
Keeping you in control
VMI creates an ongoing, interactive partnership between you and NIBCO. But before we start, NIBCO spends time up front gathering your demand history, by SKU and month, to fully understand your business and objectives. It's the only way to deliver the results you need to realize the competitive advantage.
The process is simple
Based on your predetermined criteria, NIBCO handles all of your re-ordering by managing your data and inventory levels. We do this by analyzing your inventory on a regular basis to assure availability, then replenishing it on a schedule that keeps your stock levels at optimum efficiency. By automating and even eliminating many costly and time-consuming functions, VMI improves service and cuts transaction costs.
Getting on board
If you already have EDI capabilities, making the jump to VMI is within your reach. To hear more about the opportunities VMI can bring to your business, contact your sales representative.