Vendor managed inventory services postpone inventory ownership, improve cash flow

Vendor managed inventory (VMI) programs postpone inventory ownership from supplier to manufacturer until the part is ordered and shipped to the line. New Breed operates vendor managed inventory projects in the aerospace and technology industries. Our custom vendor managed inventory software allows manufacturers, such as Hamilton Sundstrand, and suppliers to view and manage inventories on the web.

Elements Of New Breed's Vendor Managed Inventory Services

  • Storage of supplier materials at VMI hub near manufacturing. Storage contracts can be with the OEM or the supplier.
  • Accurate management of inventory. New Breed's systems maintain inventory electronically by different owners, a critical feature for industries like aerospace.
  • Automated replenishment. Min/max inventory levels are set and the system generates an email alert once minimum levels are reached.
  • Visibility to inventory across the supply chain. User-specific log-ins allow access only to data to which user has rights. Advanced shipping notices provide detail on inbound materials for better planning.

Benefits Of New Breed Vendor Managed Inventory Programs

  • Improved cash flow by postponing inventory ownership
  • Increased inventory accuracy
  • More accurate stocking levels based on an automated replenishment process
  • Collaborative replenishment model using New Breed's web-based, vendor managed inventory software

Interested in vendor managed inventory services? Contact us to discuss your need for vendor managed inventory services in more detail.