Vendor Managed Inventory
Our streamlined Vendor Managed Inventory (VMI) approach to inventory management and order fulfillment is integral to the success Leonard Industrial Supply has achieved over the past century. We take full responsibility for maintaining the inventory levels of a buyer’s product, thereby reducing excess stock levels and eliminating the potential for downtime incurred by out-of-stock items.
The goal is simple: ensure productivity by promoting efficiency. To do this, scheduling becomes critical. Utilizing Kanban methods and a just-in-time (JIT) two-bin system, we can effectively manage inventory and fulfill orders on a round-the-clock basis precisely when needed. Production requirements and stock level priorities are clearly communicated by adhering to a visual set of instructions that creates a conveyor-like process of replenishment. We know what needs to be produced, when to produce it, and how much of it to produce. The flow of materials remains both constant and stable. All this (and significantly more) without any additional legwork on the part of our customers.
Through VMI with Leonard Industrial Supply, you can rest assured that your inventory will be monitored, excess will be minimized, and production will always run smoothly. Whether it’s one product or a custom-made kit of multiple parts, we simplify the process and make it work for the customer. The standard of excellence we adhere to is the same as with any other service we provide. We will customize our proven methods to fit your needs and respond to challenges with cost-saving solutions. With our experience, comes trust; with our approach, comes results.