Vendor Managed Inventory (VMI) - Ontario, Canada
What is Vendor Managed Inventory?
VMI is a system where Charles Jones is responsible for helping you maintain your inventory levels.
Charles Jones will receive EDI data from you telling us your current sales and stock levels. Using this data we can determine when you need more products.
Why Is It Useful To Have?
There are a number of advantages to using the VMI approach:
- Reduced out-of-stocks problems
- Reduced returns
- Reduced warehousing expenses
- Reduced product damage
- Improved cooperation and business relationships between Charles Jones and you
- Reduced inventory levels
- Improved service
Contact us to learn how Charles Jones' VMI system can help you reduce inventory costs and improve your bottom line.