Venkel Managed Inventory (VMI)
Venkel will reserve inventory based on your forecast/MRP share. This program is great for reducing lead times, excess inventory, material overhead and shortage situations, while increasing assurance of supply and inventory turns which maximizes your cash flow. The improved productivity will also give you more time for planning and strategic efforts.
- Stock levels are based on your forecast/MRP share
- Forecast/MRP can be transmitted via EDI, e-mail, or web portal
- Stock is reserved for component lead time until you release
- Custom reporting for reserved inventory and WIP available on request
“We have an inventory management program (VMI) with Venkel and that has helped us tremendously over the past few years. When heavy allocations were shutting down many of the players in our industry, we have continued to receive a steady flow of material coming in and rarely ever did we see any delivery delays. QSC is very satisfied with the outstanding level of support that we receive from our account team at Venkel. Kirk Terhaar, Sr. Purchasing Manager – QSC, LLC”