Vendor Managed Inventory (VMI) Solutions
At BW Industrial Sales, our Vendor-Managed Inventory (VMI) solutions are transforming how American, Canadian, and global manufacturers manage and procure their critical industrial hardware and supplies. Our VMI program is designed to help you maintain consistent inventory levels on products like rivets, metric fasteners, and anchors, using secure vending machines within your industrial business. With BW Industrial's proven solutions, you can reduce costs, track your inventory, decrease waste, and increase productivity through seamless and uninterrupted supply chains.
The Industry's Most Robust Vendor Management Program
We developed our custom VMI Plus program after recognizing a clear need among our customers for an inventory management system that streamlined the supply processes. With BW Industrial, we procure your products, manage the inventory, and restock as needed. We handle everything to save you time and money, including on-site inventory management services.Benefits of Vendor Managed Inventory (VMI)
- Cost Savings: Reduce waste, avoid over-ordering and unnecessary surplus, and save on labor by reducing manual inventory management requirements.
- Custom Parts: Access custom and specialty parts tailored to your operation. You provide your prints, drawings, and quantity requirements, and we will quote you a fair price for high-quality custom parts.
- Program Control: Maintain full visibility into your inventory through online ordering tools, real-time updates, and a mirror version of your inventory in our in-house floor stock available for overnight delivery.
- Quality Assurance: Only high-quality parts, backed by our strict internal standards and vendor oversight. We keep track of the paperwork trail for our products, including inspection results, material certifications, and traceability records.
How Does the VMI Process Work?
BW Industrial's VMI service uses secure vending machines and storage lockers to dispense fasteners and other essential supplies on-site at your location. Each product is tracked through interactive software that monitors usage in real time. BW team members review this data and restock inventory based on actual demand, helping to prevent shortages and reduce overordering. The system is fully customizable, allowing products to be added or swapped as needs change.Key Features
- Multiple machine styles that can accommodate a wide range of products
- Interactive software that reports real-time data
- Freedom to be fully customized and swap out products at any time
- BW representatives will monitor and replenish inventory as needed
- Track inventory with the ability to assign unique codes to each employee
Inventory Mirroring: Our "Never Out of Stock" Guarantee
With BW Industrial's VMI solutions, you never have to worry about running out of inventory. We mirror your inventory in our in-house floor stock. When an expedited need arises, we can easily find and deliver the supplies you need through overnight shipping. Online orders are processed within sixty minutes from one of our locations in Canada or the US, and you will have your parts the very next day. With BW Industrial's VMI Plus program, we guarantee you won't run out of products again.Alternative Inventory Management Solutions for Industrial Components
While we're confident you'll be more than satisfied with BW Industrial's VMI Plus program, we understand you may look for alternative inventory management solutions for your industrial business. To that end, we offer custom inventory management programs:- Supplier Managed Programs
- Supplier-Owned Inventory Management
- AUTO Replenish Automatic Restocking
- And more
Customer Managed Inventory Solutions (CMI)
If you prefer more control over your inventory management solutions, BW Industrial Sales will help set up and implement a Customer Managed Inventory (CMI) system. We will set up the bins, labels, and barcodes, and then you will manage the inventory and ordering. You have the hands-on management while still digitally alerting us when you need to restock.We can also create a custom inventory management solution tailored to meet your unique goals and satisfy your budget requirements, regardless of your production needs.
Never Run Out of Stock with BW Industrial's Inventory Management Services
If you want to learn more about BW Industrial Sales' VMI Plus, CMI, or other inventory management solutions, please contact us or request a quote today! You can also view additional resources to learn more, including our VMI Vending Solutions Information Guide. Whatever your inventory requirements entail, our team is ready to help.
