Through real-time communication between your inventory and the global supply base, Field’s VMI programs will ensure you have the right amount of parts at the right time, at the most competitive cost on the market.
We act as an extension of your organization, using a data-driven approach to Vendor Managed Inventory (VMI) that’s proven to dramatically reduce costs, inventory, and overhead for your business, while greatly increasing turns and availability, and improving manufacturing process efficiencies.
Our global reach means we can provide product and VMI services anywhere you need them in the world. We’ll efficiently and cost-effectively manage your requirements while customizing a program to fit your specific needs.
The proactive, engineering-based management of our VMI program means you’ll always have appropriate stocking levels based on your business conditions and need. Data driven above all else, we’ll perform a root cause analysis on any shortage that occurs and provide you with data that can help your organization accurately forecast.
Moreover, our proactive Continuous Improvement Process means we always look to improve the program before failures occur, reducing our compliance rate as well as your downtime. From prep to just-in-time restocking, Field is more than just parts. We’re your partner, with the systems, passion, people, experience and inventory to support your changing needs.
Bin Stocking VMI Program
You don’t need just any Bin Stocker. You need a trained Field technician who will visit your facility and interact with your shop floor personnel. One who will act as your account representative, visually auditing stock quantities and creating a personalized order for items below the minimum quantity by utilizing a bin barcode and scanner. Your Field technician will make inventory decisions on-site and utilize technology to ensure product availability – focusing on continuous improvement of the system. While on-site, your Field technician will evaluate the production floor to identify opportunities that improve your workflow as well.
Point of Use (POU) Replenishment
Material handling costs, errors and stock-out rates increase as more hands touch the parts. They increase even more as those materials are moved from one place to another within the production floor. Point of Use Replenishment focuses on maintaining inventory as close to the point it is used as possible. This promotes greater efficiency by streamlining the process and reduces waste while ensuring inventory is at your workers’ stations when they need it.
If you are looking for active, daily, on-site inventory management solutions and want consignment inventory on-site, our “In-plant Store” system is your solution. This service is an add-in feature of our VMI program, offering on-site vendor warehousing where Field maintains inventory and staff within your manufacturing site.
With a host of additional programming support, including Consignment KANBAN, EDI, Camera, On Line Portal, or Networked Scales, Field can take your VMI program to a whole new level of cost savings and efficiency. Guaranteed savings now and in the future is how Field demonstrates that we’re more than just parts; we’re your partner.