Vendor Managed Inventory

GHX VMI Service Program Overview

Benefits of VMI–

• Reduced Downtime
• Fewer Stock-outs and Shortages
• Reduced Inventory Management Time and Cost (Streamlines receiving and reduces errors)
• Dedicated VMI Technician’s with years of experience and knowledge.

Delivery Process & Schedule

VMI Sales Order Creation

• Tech or Account Manager scans VMI area once a week or frequency requested by customer.
• Quote/Order uploaded from scan into ERP system
• Pick ticket created
• Material pulled and inspected
• Tech/Account Manager delivers and stocks previously scanned material

The VMI Tech/Account Manager will make sure the VMI area is properly organized and maintains a professional appearance by:

• Grouping all items together based on product family and having them in ascending order based on product size.
• Allowing enough work space in between different sizes so the material is not crammed and possibly misplaced.
• Picking up any trash off the shelves, out of the bins and off the floor.

Quarterly Review Meetings

GHX Production and Inventory Control Manager

• Generates monthly usage reports from Web Query for each VMI

Customer Quarterly reviews conducted with OAM and Regional Sales Manager

• Review min/max levels
• Add/remove inventory based on usage
• Discuss stock outs and long lead items