Michelle is the Marketing Manager at Falcon Fastening Solutions, Inc. She is focused in communicating value to Falcon's customers, contacts and audiences by sharing the company's unique approach to fastening and class C production component supply.
By Michelle Safrit|May 21st, 2015|VMI|Comments Off on How Can a Vendor Managed Inventory (VMI) Solution Benefit an Original Equipment Manufacturer (OEM)?|
Wouldn't it be nice to reduce your supply chain management workload? There are ways to do just that while also improving overall production efficiency, such as a vendor managed inventory (VMI) program.
Original equipment manufacturers (OEMs) across the nation have been moving toward lean manufacturing in recent years, and if your company is ready to do the same, you don't have to wait to get started.
As original equipment manufacturers (OEMs) across the country and the globe move toward lean manufacturing, you'll need to stay on top of the various ways you can steer your company in the right direction.
Moving toward lean manufacturing is a great way to reduce costs and waste, increase efficiency, and improve the overall production process, and there are many methods that original equipment manufacturers (OEMs) can employ to reach their lean goals.
Many different external factors can threaten the supply chain both globally and locally. While it can be difficult to predict when the next political fiasco or natural disaster will strike, looking to recent issues can provide insight into what sorts of incidents manufacturers can prepare to face.
Rising steel prices are being felt. At the most recent Global Supply Alliance (GSA) meeting, supplier members reported seeing price increases of Related Posts:Are We Back to Material Cost Inflation? May 28, 2014 The Numbers Are In: Manufacturing Saw Continued Growth in… November 11, 2014 Tackling Supply Chain Risk Mitigation in the New Year January 6, 2015 Read more →
Staying on top of the latest industry trends is an effective way to keep original equipment manufacturers (OEMs) at the forefront of the competition, and this is especially true when it comes to technology. Read more →
Keeping everything operational and running efficiently is challenging enough, but when you're bogged down with dozens of different tasks and processes to worry about, it's difficult to give your full attention to any one aspect of the production process. Read more →