Whatever industry you operate in, Yageo provides Vendor Managed Inventory (VMI) service which improves supply chain efficiency and cost reduction. In response to customer demand, we control materials by this way, The solution is a straightforward concept. By transferring ownership of, and responsibility for, inventory to vendors, customers can reduce work-in-progress raw material costs on their balance sheets. Typically, under VMI solutions, ownership of goods only passes to the customer when he is ready to use them, rather than at the supplier's dispatch door.
Benefits from VMI Hub
Increase customer's capability by ensuring material availability.
Increase inventory visibility on a global basis & ensure materials are ordered on time.
Share the instant information of market upside & downside which then enhance vendors position on supply chain management.
Consolidate the material flow & lineside delivery saves multiple handling of materials.
Help customers to optimize partnership & increase level of engagement with preferred vendors.
Win-Win situation with vendors and their customers