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Vendor Managed Inventory

Vendor Managed Inventory

Vendor Managed Inventory

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Luxsky™ Vendor Managed Inventory (VMI) programs can provide significant benefits for your business, including:

  • Lower Inventory Costs: With VMI, you only pay for the inventory that you need, when you need it. This can help reduce your inventory costs and lower your overhead expenses.

  • Improved Inventory Management: Our VMI programs offer a variety of stocking solutions that can be customized to meet your specific needs. This can help you optimize your inventory levels and improve your inventory management processes.

  • Increased Efficiency: By having the right materials on-hand and ready for use, you can reduce downtime, increase productivity, and improve overall efficiency in your operations.

  • Reduced Risk of Stockouts: With our VMI programs, you can avoid stockouts and delays in production by ensuring that you always have the materials you need on-hand.

  • Flexibility: Our VMI programs are flexible and can be customized to meet your specific needs. We can tailor our programs to fit your unique requirements, from the type of materials you need to the frequency of deliveries.

Benefits of Luxsky VMI Services

Luxsky VMI services provide numerous benefits to customers, including cost savings and greater profitability through buffer inventory storage at Luxsky facilities, optimized replenishment, and consolidation of vendor base in a single monthly invoice.

Expert implementation and support is provided through best practice project management and sophisticated IT support infrastructure. Customized solutions with direct delivery to specified build line locations for customers and their sub-contractors are also available.

Additionally, Luxsky VMI services can help improve forecasting through software and tools to closely monitor and analyze consumption at point of use and develop more accurate demand forecasts and inventory optimization.

Reliability is ensured with customized Key Performance Indicators to meet or exceed customer expectations, while on-site inventory reductions help maximize space usage on the shop floor for higher value work.

Shop Floor Inventory Solutions

We provide a range of part presentation and storage options for your shop floor, including:

  • Kits
  • Carts
  • Storage Bins
  • Vending Machines
  • Flammable Cabinets
  • Racking Systems

Our implementation experts will provide your facilities with a lean solution that integrates well within your operations. The result is improved product access and facilitated productivity.

Just-in-Time and Direct Line Feed Management

Luxsky's inventory management solutions use advanced data analytics, closely monitored inventory levels, and automatic replenishment to ensure an optimized amount of stock.

They provide smartphone scanners, inventory planning tools, and software solutions to track consumption, manage expirations, collect usage data at the point of use, and initiate automatic order replenishment.

Automatic invoicing and tailored reporting allow for greater visibility into optimal inventory levels, reducing investment in unnecessary stock and increasing stock turnover.

Luxsky's solution is customized to specific needs and space restraints. They work closely with clients to understand unique requirements and identify opportunities to improve efficiency, eliminate waste, increase productivity, and reduce costs.

A Leader in Vendor Managed Inventory 

As a leading, global provider of innovative supply chain solutions, Luxsky delivers responsive systems that address the distinct needs of demanding industries.

Contact us to learn more about how our Vendor Managed Inventory services can improve your operations.

Contact us
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