Vendor Managed Inventory

We understand that for a manufacturer it becomes very tedious job to focus on non-core area of inventory management and managing multiple vendors or suppliers. LME provides customised VMI services to manufacturing units for managing the inventory and replenishment from multiple vendors/suppliers.

Multiple Vendors to Client – Current Scenario

Multiple Vendors to LME – Proposed Scenario

VMI Business Models

*Replenishment Model*
  • Cataloged material will be procured and stored at external warehouse.
  • Stock levels to be maintained at super markets inside the plant.
  • Stock monitoring by LME.
  • Replenish from super-market as per re-order levels as per SLA.
  • Replenishment of super market stocks.
  • POD collection and invoicing in the forthcoming cycle.
*Indent Model*
  • Cataloged material will be procured and stored at external warehouse.
  • Purchase requisition/ indent will be raised by customer.
  • Material delivered direct based on indent to pre-specified location as per re-order levels as per SLA.
  • Delivery will be made at plant.
  • POD collection.
  • Invoicing in the forthcoming cycle.

Material Process Flow

top