What Is a VMI Program?
A Vendor Managed Inventory (VMI) program is a system where we manage and track your label inventory for you. By analyzing your forecasts, on-hand inventory, and historical data, we determine the optimal order quantities to minimize overstock. Our statistical and data-driven approach to VMI integrates with your supply chain so that we store your labels in strategically located facilities and distribute them as needed across North America. This approach enables just-in-time delivery and reduces your burden of managing a large inventory.
Economic Order Quantities
Economic Order Quantities (EOQ) help you achieve the most cost-effective production runs. By leveraging Inovar’s historic data and expertise, we calculate the ideal order quantities to maximize efficiency and pass on savings to you. This minimizes obsolescence and helps ensure you always have the right amount of labels when you need them.
WHY CHOOSE INOVAR FOR VENDOR-MANAGED INVENTORY?
Inovar’s VMI programs offer numerous benefits to streamline your label management:
Optimized Inventory Levels
Reduce the burden of storing and managing large quantities of labels. Our system ensures you only hold what you need.
Cost Savings
Benefit from high-volume production pricing while maintaining low inventory costs.
Real-Time Tracking
Our customer portal provides real-time visibility into your inventory levels, order status, and production data.
Dependable Delivery
Enjoy consistent, just-in-time delivery of labels, ensuring you never run out of stock.
Supports Sustainability
Minimize waste and maximize efficiency across the board with more cost-effective production runs and production on demand.
Nationwide Presence, Localized Service, Global Reach
With 13 locations across the U.S., we’re equipped to serve you wherever you are.
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