How Vendor Managed Inventory (VMI) Reduces Supply Chain Waste-3-of-7-Movement-Waste

Movement waste is defined as the unnecessary physical movement of people. Poor work space layout, poor production floor layout, inefficient processes, lack of standardized procedures all comprise movement waste.

How VMI Services Reduce Movement Waste
The most effective VMI programs provide “dock to stock” delivery of components by the distributor as close to the point-of-use (POU) as possible. A reliable VMI supplier should be capable of delivering replenishment stock to a central stocking location, to multiple stocking locations, or directly to POU. An onsite program or a bi-weekly/ weekly replenishment cycle can keep a busy production floor running smoothly.

If an OEM doesn’t already have working bins established at the point of use, a VMI partner would very likely suggest this solution for high-use work stations, minimizing movement waste.

VMI significantly reduces the number of activities by the OEM’s staff to receive, inspect, put into inventory, and pull items when needed for production. However, even with a more basic VMI program, the OEM reduces or eliminates some of these areas of waste depending upon how the manufacturer chooses to have their parts ordered, received, stocked and replenished.

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Reliable Stock™ Lean VMI Solutions by Falcon

Falcon’s Reliable Stock™ lean VMI program delivers 100% production uptime efficiency and reduces your lead times, while lowering your overall inventory investment in class C production components and fastening supplies. Download the Reliable Stock™ brochure today to find out how you could be saving time and money.
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2018-11-25T19:01:17-04:00November 19th, 2018|Categories: Inventory Management, Vendor Managed Inventory (VMI)|

About the Author:

Aaron is the Marketing Director at Falcon Fastening Solutions, Inc. He is focused on sharing Falcon's unique approach to fastening and class C production component supply chain solutions with equipment manufacturers.

Fasteners and Class C Component Supply

Falcon supplies fasteners and inventory management services to manufacturers in North and South Carolina, Kentucky, and the surrounding areas.

Charlotte Office

10715 John Price Road
Charlotte, NC 28273

Phone: 800.438.0332

Mobile: 704.588.4740

Mailing Address

P.O. Box 7429 | Charlotte, NC 28241-7429

Phone: 704.588.4740

Fax: 704.588.5753

Kentucky Office

11536 Commonwealth Drive
Louisville, KY 40299

Phone: 502.266.6292

Fax: 502.526.5567