If your storeroom has a lot of expense items (non-inventory), a Vendor Managed Inventory (VMI) solution can save time, reduce costs while improving availability of parts.
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Vendor Managed Inventory Services
1. Presentation by Greg Carter, Electrical Marketing
Prepared for EECO (Electrical Equipment Company)
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gcarter@electricalmarketing.net
What You Should Know About
2. Ready for a VMI Managed Storeroom?
What you should know…
Presentation by Greg Carter, Electrical Marketing
Prepared for EECO (Electrical Equipment Company)
3. What’s Your Current
Storeroom Inventory?
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If your storeroom has a
lot of expense items
(non-inventory), a
Vendor Managed
Inventory (VMI) solution
can save time, reduce
costs while improving
availability of parts.
4. According to EECO Storeroom Management Survey,
other items include:
Ballast, conduit, fittings, solenoid valves, tape, stack-ons, electronic parts, float
switches, gearboxes, power supplies, proprietary OEM parts
Storeroom Inventory Breakdown
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Getting Ready for
Storeroom Assessment
6. First
An on-site assessment will determine if a VMI is right
for you. A VMI is best for storerooms with parts that
have frequent turn rates.
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On-Site Storeroom Assessment
7. High Turnover Storeroom Parts
Next The Vendor will categorize high
turnover items for possible inclusion in VMI.
Parts classified, assigned bin locations. Slow
movers (OAN, DNRs) may be handled outside VMI.Prepared by Electrical Marketing.
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Parts bins are labeled
and barcoded for easy
identification.
“Right part, right time,
right price”. Organized
storerooms minimize
labor for finding parts.
Inventory Barcoding, Labeling
9. 3 – 6 Months
The VMI Vendor will
review for stock outs,
excesses, urgent order
instances.
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Electrical Storeroom Review
Min/Max levels change
over time. A review
helps anticipate these
situations.
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.
Electrical Storeroom VMI Assessment
Parts
Assessment
• History
• Classification
Is VMI Right
for You?
• Manage OAN or DNR?
• High Turn Only
Storeroom
Assessment
• What’s Happening?
• Adjust
11. Prepared by Electrical Marketing.
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Electrical Storeroom Self Evaluation
Spend 5 minutes, get
a check up on your
MRO storeroom.
If you haven’t done
one in a while, this
online storeroom
evaluation will help.
12. Electrical Marketing specializes in e-Business
content development exclusively for the
Industrial/Electrical Supply Chain.
Jump-start your e-Business
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856.381.7834
gcarter@electricalmarketing.net
Prepared by Greg Carter, Electrical Marketing.
www.electricalmarketing.net