Vendor managed inventory
V Tech SMT offer the option of VMI / Consignment Stock, where the stock remains the property of V Tech SMT Ltd until it has been consumed, and then the stock is invoiced and replaced. Customers therefore, have the benefit that they only pay for each product item once it has been consumed.
The advantages to VMI / Consignment Stock Implementation:
- Reduced overhead costs
- Reduced stock holding / cost of inventory
- Reduced line stop / stock-outs
- Reduced vendor list
- Reduced time spent sourcing / chasing parts
- Reduced logistics costs
- Reduced invoice costs
If you would like to explore how V Tech can help introduce Vendor Managed Inventory / Consignment Stock, then please contact us at [email protected] or call us on 01786 813999.