7 Jan 2019

Stop Spending So Much Time On Purchasing Orders With VMI

2019-01-14T08:30:40-04:00January 7th, 2019|Categories: Class C Components, Inventory Management, Lean Learning, Lean Manufacturing, Vendor Managed Inventory (VMI)|

Manual purchasing is a drag, especially repetitive manual purchasing. Not only is it tedious, but it devours valuable time you could spend on other more pressing matters. Vendor managed inventory (VMI) programs can streamline the tedious purchasing process for small class-c parts like fasteners by automatically replenishing stock so you never have to place a new order anytime inventory runs low. This has the added benefit of saving time and money on purchasing orders that can be invested elsewhere in the business.

19 Feb 2018

8 Step ABC Inventory Analysis & Classification Process (Part 3 of 3: Pointers)

2021-06-23T21:53:40-04:00February 19th, 2018|Categories: Class C Components, Inventory Management, Lean Manufacturing, Supply Chain, Vendor Managed Inventory (VMI)|

The key to establishing a successful ABC classification system is trusting its design and following a few best practices. Below are a few tips and considerations related to ABC analysis.