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7 Tips on Selecting a VMI Supplier for Class "C" Components

6/30/2015

What to do before outsourcing management of your class “C” components.

If you’re looking to bring on your first vendor managed inventory specialist, or replace a current one, there are some things you need to know. This eBook has valuable tips on how to make sure you get the best VMI partner for your industrial company.

 

Tags: Class "C" Components, Vendor Managed Inventory

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Why VMI is a Must for Aerospace and Automotive Fasteners.

6/25/2015

The aerospace and automotive industries go through more class “c” components than most of people can even imagine. The number of screws, bolts, clips and other industrial fasteners used on a daily basis is nearly incalculable. And the amount of time and money invested in trying to make sure the right parts are at the right place at the right time is hard to comprehend. And to justify.

Tags: Class "C" Components, Vendor Managed Inventory, Automotive fasteners, Aerospace fasteners

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8 Reasons VMI is the Answer for Managing Class "C" Components

6/16/2015

Is VMI right for you?  Spending dollars to chase dimes is a thing of the past. 

Industrial companies are finding that vendor-managed inventory offers a more efficient and economical way to manage class “c” components. This e-Book gives the answers to the questions you’ve been asking yourself.

 

Tags: Class "C" Components, Vendor Managed Inventory

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Tips for Managing Class “C” Components with Vendor Managed Inventory

6/9/2015

I recently came across this article from Scott Frahm and SCRC on Three Steps in Making Vendor Managed Inventory Work.  I found it particularly interesting in regard to managing class “C” components such as industrial fasteners. By paying attention to these tips, and using a good dose of common sense, you can quickly start taking advantage of the benefits of a good vendor managed inventory program. And better yet, quit spending a dollar to chase a dime.

Tags: Class "C" Components, Vendor Managed Inventory

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Vendor Managed Inventory Benefits Include “A Fixer.”

6/1/2015

There are a ton of benefits associated with vendor managed inventory (VMI). But here's one that really hits home for anyone in engineering or purchasing who is involved with the management of class “c” components: a VMI supplier can smooth out every aspect of the operation from ordering to packaging to delivery to payment.

Tags: Vendor Managed Inventory

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7 Questions to Ask When Selecting Your Class "C" Components Supplier

5/15/2015

Considering a new vendor for your class “c” components?   

Frustrated at the resources you consume just to manage nickel and dime parts?

If you are digging a little deeper to improve your vendor-managed, class “c” components, start by downloading our complimentary e-book, 7 Tips on Choosing a Class “C” Components Supplier.

 

Free eBook: 7 tips on Choosing a Class “C” Components Supplier

Tags: Class "C" Components, Vendor Managed Inventory

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Lean Manufacturing? Lose Weight with Vendor Managed Inventory.

5/11/2015

Today, more than ever, reducing costs is paramount to purchasing agents and engineers alike in the manufacturing industry — particularly those involved with class "C" components. 

However, it is also important to remember that the goal is to cut the fat, not the limb. I think you’ll find the following to be full of useful tips, and shows that relying on cut, cut, cut is not the wisest strategy when determining the best, most efficient way to make sure your class "C" components are where they need to be, when then need to be there.

Tags: Class "C" Components, Vendor Managed Inventory

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How to Set Up Vendor Managed Inventory for Class “C” Components

5/4/2015

Setting up a Vendor Managed Inventory, or VMI, program for class “c” components can seem to be a daunting task. However, once it is broken down into individual steps, it becomes much more manageable. And it is certainly worthwhile from both efficiency and budgetary points of view.

I’ve found that these easy-to-understand steps in setting up a Vendor Managed Inventory Program can be extremely useful for any manufacturing firm.

Tags: Class "C" Components, Vendor Managed Inventory, VMI

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What’s Missing in Your Class “C” Components Quote?

4/29/2015

“A cynic is a man who knows the price of everything, and the value of nothing.” - Oscar Wilde, Irish Playwright

Although he probably didn’t mean to — okay, definitely didn’t mean to — Oscar easily could have been talking about the way many companies look at purchasing class “c” components, or working with VMI (Vendor Managed Inventory) suppliers.

Granted, class “c” components and Vendor Managed Inventory aren’t the sexiest things around. After all, class “c” components such as nuts, bolts, washers, and fasteners are just nickel and dime parts. Unless you go through a few thousand of them a day. Then we’re talking serious money. That’s why it’s so important that we get beyond merely thinking of their acquisition cost and instead concentrate of total value.

Tags: Class "C" Components, Vendor Managed Inventory, VMI

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Cut the Fat From Your Class “C” Components Supply Chain

4/27/2015

If you’re involved in the purchasing, engineering or materials management of class “c” components, you’ve probably had it up to “here” dealing with dozens upon dozens of suppliers providing you with thousands upon thousands of nickel and dime parts.

Tags: Class "C" Components, Vendor Managed Inventory

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