Jun 28, 2019 | Purchasing
Let’s face it, depending on your business you have to carry various parts and products to keep your production team going. From a business standpoint, we understand you can’t sit on excess raw material, tying up large amounts of cash and space, but it is also costly...
Mar 20, 2015 | Purchasing
Vendor managed inventory (VMI) has become the accepted practice in many industries for managing the manufacture, distribution, and stocking of parts and components. What was once considered almost a novelty is now considered an effective and cost-efficient strategy...