Tough times mean tough choices. Cutting costs and micro-managing every expense has been the norm during the downturn, and most dealers and distributors have kept parts inventory levels to the absolute essentials. But finding the balance between lean inventory management and still meeting customer expectations can be a fine line.
Vendor Managed Inventory (VMI) can help you reduce stock-outs, increase inventory turns and reduce administrative costs. VMI participants across the supply chain enjoy improved profitability and increased market share. If you’re not using VMI, or have not yet scaled your program across all your key suppliers, you may be at a competitive disadvantage.
Join Max Buchanan, heavy duty industry director at Datalliance, for a complimentary Webinar exploring how VMI works and the benefits to both you and your supplier partners. This session will feature case study summaries and a perspective from a business owner who is using VMI to improve his inventory management and overall customer satisfaction.
