Vendor Managed Inventory (VMI)


Did you know that Radwell’s offerings include quality supply chain solutions? We know that you’ll be more than satisfied with our VMI program because of the time and money saved. Plus we also have a great Customer Service Department to help when you have any questions.

For more information about Radwell and our services



Call: 800.884.5500
VMI

How Radwell Manages Inventory

Inside our Radwell Willingboro, New Jersey Headquarters we have installed Swisslog AutoStore. This high-tech system consists of 34 robots, approximately 50,000 bins, and 9 picking and putaway stations. Our AutoStore system is capable of picking over 500 bins an hour. For more information,

Popular Brands Include:

BANNER | BOSCH | Fab Co | HTM | PEPPERL & FUCHS | SIEMENS | SICK OPTIC | SMC | TURCK ELEKTRONIK

Call: 800.884.5500

Radwell Headquarters in Willingboro, New Jersey

KEY FEATURES of Radwell's VMI Program

  • - Monthly cost savings Reports
  • - Total supply chain management
  • - We can support and enhance your supply chain operations
  • - We have a dedicated inventory for our VMI customers
  • - Complimentary data analysis of customer's inventory
  • - Inventory needs are determined via data analysis results


Call: 800.884.5500
VMI


Radwell VMI Infogrpahic

Want to be contacted about VMI and other Supply Chain Solutions?

Advantages of a Vendor Managed Inventory (VMI) System

by Julie Basello

Radwell Employee Scanning Inventory into Swisslog Autostore EDI Code

Vendor Managed Inventory Systems can be a great asset for many types of businesses. For businesses that have equipment maintenance needs and can’t commit to cost prohibitive solutions, VMI might be a great answer. What is the definition of Vendor Managed Inventory? Vendor Managed Inventory (or VMI) is a business model in which the buyer of a product provides certain information to a supplier of that product, and the supplier takes full responsibility for maintaining an agreed upon inventory of the material. There are many benefits to vendor managed inventory. For many companies, vendor managed inventory is the next step in supply chain management.

Key benefits of the VMI Process:

Inventory Optimization and Control -Inventory control is about knowing where all stock is and ensuring everything is accounted for at any given time. An inventory control system or a computerized inventory system is a process for managing and locating objects or materials. For VMI customers who maintain inventory within their facility, this is a key benefit to having a VMI System. Inventory can be managed at either the vendor’s location or onsite at the buyer’s location but it can easily be managed effectively.

Supplier Owned Inventory -When a supplier owns the inventory, there is even less pressure on a business operation to maintain inventory levels and warehousing costs for storage. With a VMI system in place, suppliers can provide inventory needs with minimal client effort. Vendors can provide stock to VMI customers as needed.

Barcoded Tracking of Equipment -Efficient tracking of equipment and inventory leads to better data analysis and potentially more cost savings. An organized and high-tech option for organizing inventory can only increase the efficiency of tracking equipment and product. Vendor Managed Inventory providers with automated material handling systems in place can only enhance and improve the process of managing inventory for customers.