Vendor Managed Inventory Benefits
- Remove in-house responsibility of inventory management and free up your employee’s time
- Reduce the amount of physical space required for in-house inventory
- Entrust your vendor to manage complex inventory levels and reduce costly and time-consuming inventory counts
- Receive quantities via overnight delivery
- Reduce stock-out losses
- Cost reductions for Estimate Annual Usages (EAU)
and Eliminate Cost
When you enroll in Vendor Managed Inventory with JN White, we become responsible for monitoring inventory levels within your supply chain. Our digital capabilities help us eliminate complicated and costly set-up efforts, our inventory management system gives us complete visibility and control over our entire live inventory, and our velocity scheduling approach helps drive to all of our manufacturing activities more efficiently than ever. It’s part of what makes JN White™ different. We think differently, and our innovative solutions help us shrink lead times, reduce liabilities, and free up capacity.
Blanket Order & Release
In this VMI arrangement, we work with customers to establish a sensible EAU (estimate annual usage) and annual contract price for a specified component, meaning you’ll always have access to the exact amount of stock you need.
We have a great deal of experience with these situations and can work closely with OEMs to ensure our component deliveries match up with their specific production demands.
A key component of the JN White™ process is the use of velocity scheduling to manage the inventory on our side of the supply chain.
A tremendous benefit of our velocity-scheduled VMI program is that we can pass a variety of competitive advantages back down the supply chain to our customers.
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