Vendor Managed Inventory

Vendor Managed Inventory

At Macfab, we take pride in being a solution focused partner. In addition to addressing technical and engineering manufacturing problems, our vendor managed inventory services help our customers maintain a steady supply of components to meet their demand requirements.

Latest Technologies in Purchasing Automation

As part of our investment as a total solutions manufacturing partner, we employ the latest in Enterprise Resource Platform (ERP) technology to efficiently manage internal material and information flows.

Jit Inventory Management

Just-in-time (JIT) inventory management is a supply chain practice offered by Macfab. This lean manufacturing concept allows us to deliver parts on-time, ready for use in your production when they are needed, reducing customers need to keep large amounts of inventory on hand.

One important consideration with parts requiring assembly in clean room pertains to how the parts will be delivered to our customers facility. To ensure the highest level of cleanliness and shelf life, Macfab can triple packages parts so parts stay clean at each stage of inventory receiving through to final assembly in our customers facility.

Kanban Inventory Management

We offer kanban programs so our customer’s components are ready and available for use in production. A Kanban in lean terminology is a signal to replenish. Such as when a box of finished goods is shipped. The void visually signals people and the zero condition on hand would trigger a Material Resource Planning (MRP) to generate a new production order for product.

As your total solutions partner, Macfab has also developed a proprietary artificial intelligence that allows our programs to learn. This creates a dynamic inventory model that adjusts itself. Our ERP automatically adjusts our Kanban system to modulations in parts demand triggering replenishments.

Macfab can control the safety stock in the kanban system so as to never have a stock out situation. Most importantly our ERP ships first in first out making sure inventory is constantly turning.

Our system creates valuable inventory management dialogues with our customers. We pro-actively have conversations with our customers when changes in their consuption are detected. Everyone benefits for advance sourcing of material and lower part costs by larger production batches. This also helps everyone if demand wanes for a part as the inventory is reduced reducing obsolescence. The result of this AI is our kanban customers enjoy a 100% on time delivery of thier parts. Purchasing and supply chain managers have lower risk of shortages, shared cost savings, and a pro-active supplier supporting thier business.

Learn more about our vendor managed inventory capabilities