Improving Industrial Supplies Procurement and Distribution With Innovative Vendor-Managed Inventory Programs
Here at BW Industrial, we’re constantly looking for new ways to bring value to partnerships we have with our customers. Our worldwide relationships bring you quality through sourceability. The development of our Vendor Managed Inventory Program – known as VMI Plus – has done just that!
This valuable program makes our customers’ operations more cost-efficient and productive in many ways. By reducing the number of vendors from which they purchase products, procuring from a single source partner assures them better overall pricing, especially on quantity orders. They can also negotiate annual contracts to lock in pricing. The reduction in inventory that customers carry in-house reduces inventory carrying costs, relieves them of valuable space issues as well as warehouse personnel duties. And the best part of our vendor managed program is that our customers never run out of inventory – they are truly never out of stock.
The bottom line is that our VMI Plus program helps our customers reduce their total cost of ownership and gives them the ability to regain valuable resources so they can focus manufacturing on their products, rather than the procurement of parts.
We welcome the opportunity to show you how a partnership with BW Industrial Sales Company can prove to be invaluable when it comes to reducing inventory and lowering production costs. We’re ready to be your complete commercial and industrial supply source!