Vendor Managed Inventory
How VMI Works
With Vendor Managed Inventory (VMI), inventory costs can be kept down to a minimum while ensuring your personnel never run out of tools, accessories or spare parts vital to their work.
UTS will supply vending machines or cabinets at your site to dispense the products that your personnel use on a regular basis. Individuals will be issued a personalised vending card, key or access code limiting the products they can access to those specific to their role or location. Through a stock level agreement designed around you, stocks will be replenished regularly. You will receive comprehensive management information including usage reports, budget control and stock levels.
As well as cutting out purchase orders and reducing other procurement-related administration, VMI will save you money through reduced inventory. You’ll also have greater control over the number of products and suppliers you use. VMI is ideal for products such as cutting tools, MRO consumables spare parts, maintenance products, fasteners and fixings inspection measuring equipment.
Customers can choose the version of software that is most suitable for their current needs with the confidence that upgrading to the next level is a simple and seamless process.
- Capture Job, Machine, Cost Centre & more
- Calibration Controls
- Serial & Batch number traceable
- Consolidated Reporting
The range of hardware available is robust, modular, built to specification, minimal foot print, cost effective, secure and easy to use.
Safe Stock Division
We utilise our Safe Stock Division to offer VMI solutions to our customers. The following services are available to help with the successful implementation into your business:
- Project Management
- Maintenance & Repair
- Database Consolidation
- Data Analysis
Interested? Contact Us
If you are interested in understanding more about how VMI can support your business' efficiency, please contact us.