Vendor Managed Inventory (VMI) from Bantam

Is it right for you?

Vendor Managed Inventory (VMI) is a growing trend among companies that want to decrease supply chain costs. Under a Vendor Managed Inventory (VMI) program, Bantam Distribution acts as a third party logistics provider to inventory plan and replenish stock from vendors according to the customer's required product inventory levels. Vendor Managed Inventory (VMI) programs can be configured to drop ship from the Bantam warehouse, or vendor inventory can be maintained directly at a customer location for ready availability. Customer also have the option of consignment programs where costs are not incurred by the customer until the inventory is consumed.

Stock visibility & increased efficiencies
A Vendor Managed Inventory (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. The result is reduced administrative costs, lower vendor inventory levels and a more efficient workflow as expensive downtime from product shipping delays is all but eliminated.

Stronger relationships with suppliers
A Vendor Managed Inventory (VMI) program forms an alliance between the customer and supplier that clearly shifts the focus of their relationship from the often ineffective "sales-based" relationship to a "service-based" relationship that focuses more directly on meeting the customer?s time and availability requirements.

Download Bantam's VMI Services Information Sheet.

Tailored VMI programs for companies of all sizes
At Bantam, we can tailor a VMI program to fit the needs of both small and larg customers. Talk to us today to learn how a Vendor Managed Inventory (VMI) program can benefit your company.