NIBCO | Resources | Vendor Managed Inventory - VMI

  • Stay Ahead of Your Inventory Flow

    Vendor Managed Inventory May Be Right for You!

    Vendor Managed Inventory (VMI) is a program to help replenish your inventory automatically and continuously, creating efficiencies for the customer as well as NIBCO. Based on your predetermined criteria, NIBCO handles all of your re-ordering by managing your data and inventory levels.

    How it Works

    Inventory levels are jointly established based on your provided sales history and statistical zone setting parameters. NIBCO analyzes your inventory on a regular basis to assure availability and replenishes it on a schedule that keeps your stock levels at optimum efficiency, improving service and cutting transaction costs.

    Steps to Enroll into Vendor Managed Inventory

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    Stay in Control

    There are many benefits to enrolling in a Vendor Managed Inventory program that can streamline your business functions. Here are just a few:

    • Improved profitability and sales with reduced and improved inventory turns
    • Smooth demand flow and better service levels
    • Enhanced business relationships
    • Overall time-reducing system cost which saves you time and money
     

    The NIBCO Advantage

    Transferring to a Vendor Managed Inventory program with NIBCO provides you with a focused and dedicated team eager to create an interactive partnership that can give you relief from your daily inventory management headaches. With NIBCO, you are a priority and we are committed to providing real savings and objective results. Partnering with NIBCO gives you numerous benefits, including:

    • A company that is a leader in the industry with 17+ years of VMI experience
    • The ability to leverage growing and new technology
    • A program that is continuously improving to stay ahead of competitor programs
    • A boastful on time complete percentage of 98% vs. the industry average of 82%
    • Very high inventory turns average of 7.7 vs. the industry average of 3.5
    • A company who works with you to customize your program based on your business needs through a collaborative partnership
    • A company who manages purchasing for you – allowing your purchasing agent to focus on other important projects
     

    Getting on Board

    Want to learn more about NIBCO VMI opportunities? You can contact our core VMI team directly by phone or email: