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More on Vendor Managed Inventory
Last month in our newsletter we published an article on Vendor Managed Inventory programs. This month we cover some encouraging benefits of such a program for the smaller contract manufacturer.
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For buyers in smaller contract manufacturing companies with a diverse customer base, purchasing components is the most obvious and visible requirement to meet and is often the first target for forecasting and planned buys using a VMI program. However, using a VMI program for consumables can be the easiest and most effortless introduction to the integration of such a program. Consumables, as a commodity that is built in to the purchase price of a project, are often overlooked.
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All too frequently the buyer in a smaller contract manufacturing company is found scrambling to meet a requirement for solder wire, paste or other chemicals that have a lengthy lead time, especially for the smaller contract manufacturer who hopes to promise a quick turn as an added service for their company. In some cases, lines can be shut down and delivery dates missed thanks to an overlooked requirement for tacky solder or thermal labels. Even a long wait for tools can slow down production.
At Bantam, we can tailor a VMI program to fit the needs of both smaller and larger contract manufacturers. A VMI program creates visibility into stock levels to help identify priorities and reduce planning and inventory costs. In addition it greatly stabilizes the timing of purchase orders. Furthermore, a VMI program forms an alliance between the buyer and supplier that clearly shifts the focus from the often ineffective ?sales? based relationship to a service based relationship. Each party shares a common goal of providing great service to the end customer.
For more details on how your company can benefit from such a program, visit our website, or contact Distribution Sales at 512-719-3560. Bantam Distribution is the ideal solution for consumables and production supplies from a spectrum of the finest suppliers including Brady, Kester, Techspray, 3M, Weller, MG Chemicals, and Metcal.
| Please note that Bantam Distribution will close at 4 p.m. on Wednesday, April 23, 2008 for inventory. We will re-open Thursday, April 24, 2008 at 8 a.m. |
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Spotlight on Installation
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Bantam Electronics provides you with the electronic products you need, when you need them, at the prices you want. For nearly 40 years, Bantam Distribution has been delivering high quality products with expert, responsive customer service. Cut procurement costs and streamline operations with Bantam Distribution's name brands and fast delivery. We?re experts in telecom, datacom and networking parts distribution.
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Our selection of Rohn® towers tapered steel poles are designed with base diameters from 2 feet to 6 feet. These minimal site requirements lower lease costs. Tapered poles can be installed quickly, while meeting the demands of GSM PCS, GSM cellular, and other applications. All poles are hot dipped galvanized for long lasting corrosion protection and with unmatched attention to detail and design, these poles offer extremely efficient strength to cost ratio.
Bantam is your headquarters for Winegard as well. Winegard® manufactures reliable, quality outdoor antennas and accessories that meet all reception needs --- from deepest fringe to close-in metropolitan areas. All antennas are High Definition ready.
Bantam is also your Hellerman Tyton® connection. By taking a systemic approach to growing its product line, HellermannTyton's range of products work well together to provide customers with the lowest installed costs in the industry. Utilizing the latest technologies in design and prototyping tools, HellermannTyton's experienced development teams work closely with customers to assure groundbreaking performance, lower labor rates, reduced administrative and inventory costs, and results which exceed expectations.
Bantam Distribution is your headquarters for all your cabling and installation needs. From our selection of Winegard antennas and Rohn towers, RG6 coax and connectors, to the Hellerman Tyton wall plates, we have you covered. With our broad range of cutters, strippers, compression and crimp connectors, we are your one-stop shop. We have a full complement of Cat5e and Cat6 wire and structured cabling products. Enclosures and open-frame racks are also no problem!
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