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Vendor Managed Inventory

There are substantial costs to be saved in most companies’ procurement, inventory management and the acquisition of indirect materials and services. Our goal is to effectively manage all the process that supports your company in the manufacture of your product. Major sums can be saved by integrating the supply of your non-core operations via NBT.

 

Some of the key benefits available from a programme with NBT are: A significant reduction in total costs of consumables (product price, procurement, stocking and obsolescence costs). Savings in storage space, purchase order processing, goods receiving and stock levels.

 

NBT will take responsibility for your stock. We will physically monitor it, check the stock, calculate the order, deliver the goods, put them away in your stores, or develop a personalized system that best suits your needs. We streamline and simplify your procurement process by reducing your supplier base, transaction costs and overall costs by strong vendor management, pruning overheads, and tight inventory policies. One supplier – one invoice minimizes paperwork! This area offers the longest term source of savings.

 

To summarise we will:

Streamline procurement

Reduce inventory

Gain space

Increase productivity

Save money