Vendor Managed Inventory (VMI)
Vendor Managed Inventory Services
As a precision sheet metal fabricator that operates with its clients at the trusted partner level, Northstar frequently enters into symbiotic relationships to assist its clients with advanced inventory management strategies.
Many OEMs are faced with demand variability for completed product orders and are faced with situations that can be costly. VMI programs can be one way to even out this uncertainty, reduce supply chain costs, and increase overall service. Other advantages of using a contract manufacturer with VMI capabilities include:
- Controlling backlogs
- Increased communication
- Better coordination
- More efficient order and material flow
Northstar has a dedicated facility located in Glendale Heights, IL for all its VMI program participants. Northstar further compliments its VMI programs with complete electronic data interchange and computer aided ordering.