Vendor Managed Inventory Services

Presentation by Greg Carter, Electrical MarketingPrepared for EECO (Electrical Equipment Company)

electricalmarketing.net | 856.381.7834gcarter@electricalmarketing.net

What You Should Know About

Vendor Managed Inventory

Ready for a VMI Managed Storeroom?

What you should know…

Presentation by Greg Carter, Electrical MarketingPrepared for EECO (Electrical Equipment Company)

What’s Your Current Storeroom Inventory?

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If your storeroom has a lot of expense items (non-inventory), a Vendor Managed Inventory (VMI) solution can save time, reduce costs while improving availability of parts.

According to EECO Storeroom Management Survey, other items include:

Ballast, conduit, fittings, solenoid valves, tape, stack-ons, electronic parts, float switches, gearboxes, power supplies, proprietary OEM parts

Storeroom Inventory Breakdown

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Prepared by Electrical Marketing. www.electricalmarketing.net

Getting Ready for Storeroom Assessment

FirstAn on-site assessment will determine if a VMI is right for you. A VMI is best for storerooms with parts that have frequent turn rates.

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On-Site Storeroom Assessment

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High Turnover Storeroom PartsNext The Vendor will categorize high turnover items for possible inclusion in VMI.

Parts classified, assigned bin locations. Slow movers (OAN, DNRs) may be handled outside VMI.

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Parts bins are labeled and barcoded for easy identification.

“Right part, right time, right price”. Organized storerooms minimize labor for finding parts.

Inventory Barcoding, Labeling

3 – 6 MonthsThe VMI Vendor will review for stock outs, excesses, urgent order instances.

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Electrical Storeroom Review

Min/Max levels change over time. A review helps anticipate these situations.

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Electrical Storeroom VMI Assessment

Parts Assessment

• History• Classification

Is VMI Right for You?

• Manage OAN or DNR?• High Turn Only

Storeroom Assessment

• What’s Happening?• Adjust

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Electrical Storeroom Self Evaluation

Spend 5 minutes, get a check up on your MRO storeroom.

If you haven’t done one in a while, this online storeroom evaluation will help.

Electrical Marketing specializes in e-Business content development exclusively for the

Industrial/Electrical Supply Chain.

Jump-start your e-Business electricalmarketing.net

856.381.7834gcarter@electricalmarketing.net

Prepared by Greg Carter, Electrical Marketing. www.electricalmarketing.net