At Venkel our goal is to remove as much volatility from your supply chain as possible. Our supply chain solutions allow you to reduce lead times, cut inventory carrying cost, avoid line down situations, and better utilize floor space. Venkel has dedicated Supply Chain Analysts who are experienced material managers that will help set up a program that best suits your needs. Venkel offers two Supply Chain stocking solutions that can be customized to ensure stock will always be there when you need it. The implementation of both programs is very quick and easy.
Venkel can start your program with one part or hundreds. We highly recommend implementing one with Venkel given the current supply chain constraints the industry has been and will be facing. Experience the Difference™ with Venkel’s SCS programs.
Bonded Inventory Program (BIP)
Venkel will reserve inventory for you in our warehouse based on demand or EAUs. This program is an excellent choice for customers that are unable to share their forecast.
- Stock levels are based on historical demand or projected EAUs
- A great fit for low volume/high mix component scenarios
- Min/max stock levels are set for the parts you use to ensure you always have stock
“Thank you for supporting Curb over the years. Your flexible partnership, combined with innovative programs like customized stocking and same day shipping, has helped us optimize our supply chain. Here’s to our continuing long term relationship. Bill Chatterjee, COO – Curb, Inc”
Venkel Managed Inventory (VMI)
Venkel will reserve inventory based on your forecast/MRP share. This program is great for reducing lead times, excess inventory, material overhead and shortage situations, while increasing assurance of supply and inventory turns which maximizes your cash flow. The improved productivity will also give you more time for planning and strategic efforts.
- Stock levels are based on your forecast/MRP share
- Forecast/MRP can be transmitted via EDI, e-mail, or web portal
- Stock is reserved for component lead time until you release
- Custom reporting for reserved inventory and WIP available on request
“We have an inventory management program (VMI) with Venkel and that has helped us tremendously over the past few years. When heavy allocations were shutting down many of the players in our industry, we have continued to receive a steady flow of material coming in and rarely ever did we see any delivery delays. QSC is very satisfied with the outstanding level of support that we receive from our account team at Venkel. Kirk Terhaar, Sr. Purchasing Manager – QSC, LLC”
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