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Presentation by Greg Carter, Electrical Marketing
Prepared for EECO (Electrical Equipment Company)
electricalmarketing.net | 856.381.7834
gcarter@electricalmarketing.net
What You Should Know About
Ready for a VMI Managed Storeroom?
What you should know…
Presentation by Greg Carter, Electrical Marketing
Prepared for EECO (Electrical Equipment Company)
What’s Your Current
Storeroom Inventory?
Prepared by Electrical Marketing.
www.electricalmarketing.net
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.
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
Prepared by Electrical Marketing. www.electricalmarketing.net
Prepared by Electrical Marketing.
www.electricalmarketing.net
Getting Ready for
Storeroom Assessment
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.
Prepared by Electrical Marketing.
www.electricalmarketing.net
On-Site Storeroom Assessment
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.
www.electricalmarketing.net
Prepared by Electrical Marketing.
www.electricalmarketing.net
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
3 – 6 Months
The VMI Vendor will
review for stock outs,
excesses, urgent order
instances.
Prepared by Electrical Marketing.
www.electricalmarketing.net
Electrical Storeroom Review
Min/Max levels change
over time. A review
helps anticipate these
situations.
Prepared by Electrical Marketing.
www.electricalmarketing.net
.
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
Prepared by Electrical Marketing.
www.electricalmarketing.net
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.
Electrical Marketing specializes in e-Business
content development exclusively for the
Industrial/Electrical Supply Chain.
Jump-start your e-Business
electricalmarketing.net
856.381.7834
gcarter@electricalmarketing.net
Prepared by Greg Carter, Electrical Marketing.
www.electricalmarketing.net

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Vendor Managed Inventory Services

  • 1. Presentation by Greg Carter, Electrical Marketing Prepared for EECO (Electrical Equipment Company) electricalmarketing.net | 856.381.7834 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? Prepared by Electrical Marketing. www.electricalmarketing.net 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 Prepared by Electrical Marketing. www.electricalmarketing.net
  • 5. Prepared by Electrical Marketing. www.electricalmarketing.net 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. Prepared by Electrical Marketing. www.electricalmarketing.net 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. www.electricalmarketing.net
  • 8. Prepared by Electrical Marketing. www.electricalmarketing.net 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. Prepared by Electrical Marketing. www.electricalmarketing.net Electrical Storeroom Review Min/Max levels change over time. A review helps anticipate these situations.
  • 10. Prepared by Electrical Marketing. www.electricalmarketing.net . 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. www.electricalmarketing.net 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 electricalmarketing.net 856.381.7834 gcarter@electricalmarketing.net Prepared by Greg Carter, Electrical Marketing. www.electricalmarketing.net