Vendor Managed Inventory

Whether you need engineered or standard fasteners sourced for your company, you need to make sure you are working with a dependable, reputable company. 

When you count on ASF Components to be your Class “C” Component supplier, we will work closely with you and your team to ensure that you get the highest quality parts and services that other suppliers simply cannot match. 

You have plenty of responsibilities to tend to in your business, and managing your inventory is one of the most tedious and time-consuming. If you have considered vendor managed inventory for your business, you probably have lot of questions about the services. 

A production shutdown due to missing parts can be devastating to your business. You can avoid problems like this with the benefits of vendor managed inventory from ASF Components. With our vendor managed inventory services, you get simple, cost-efficient solutions to maintain your inventory and keep your business productive and profitable.

When it comes to sourcing engineered and standard fasteners for your company, there are a number of factors to consider. Is your supplier reputable? Do they offer additional services or simply provide stock? Are they dedicated to instituting a policy that prevents the shipment of defective parts? All of these questions – and many more – should be asked during the selection process. After all, you're looking for a supplier that will work closely with you to ensure that your production line is steadily receiving the fasteners that it needs and, as a result, consistently producing.

If you’re looking at implementing a vendor managed inventory program, you’re undoubtedly investigating the pros and cons of the various providers. Since it’s essential that they be able to deliver on your expectations – meet your distribution needs, stock the inventory that you require, and more – you need to be confident in their ability to deliver. For the continuity of your operation, it’s also critical that you select a provider that responds quickly, ships without delay, and delivers quality parts on time, every time. In this post, we’re going to discuss how ASF Components can help you maintain your inventory with our top-quality VMI programs.

If you've been considering vendor managed inventory, you've certainly weighed the benefits: more accurate inventory, less time spent maintaining stock, and more consistent, reliable components. After looking closely, you likely arrived at the conclusion that VMI can help you reduce costs and improve performance. By alleviating the burden of maintaining your inventory by hand, VMI helps you cut labor costs but, more importantly, it allows you to better address your customers' needs... more efficiently, more accurately, and less expensively.

The overarching goal of vendor managed inventory is to establish a relationship that allows both parties to work more fluidly, accurately and efficiently. With VMI, the manufacturer or distributor takes on the responsibility of handling your inventory planning and restocking. Because of this, the partnership relies on trust and the sharing of information. In a properly-tuned VMI relationship, both you and the supplier benefit due to the steady, dependable exchange of necessary components. To ensure a mutually beneficial partnership, here are a few tips on how you can make vendor managed inventory work for you.

Vendor managed inventory, commonly called "VMI," is a business model that places the burden of logistics on suppliers. VMI suppliers assume the responsibility of monitoring demand and using that information to maintain inventory levels. One major benefit of this model is that it allows manufacturer's to focus their attention on their core duties, duties that contribute to their company's profitability. But, more than that, VMI is beneficial to companies because – when properly implemented – it can save money and boost profit margins. In this post, we're going to look at why using vendor managed inventory to handle your class "C" components is an option worth considering.

From global manufacturers to small, local operations, it pays to be aware of all of your stocking and inventory options. It may be tempting to manage your own inventory... the idea is that it reduces outside costs and keeps everything simple. Unfortunately, however, it often complicates things and, worse yet, interrupts day-to-day operations by taking time away from your employees. In this post, we're going to look at how vendor managed inventory and warehouse logistics from ASF Components can help you streamline your operation and, more importantly, save you both time and money.