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Vendor Managed Inventory (VMI) from LGG Industrial is a stocking system that manages customer inventory to ensure agreed upon levels of products are available to help avoid unnecessary delays and expedite fees.
VMI saves our customers money while reducing time spent on inventory planning. Vendor Managed Inventory reduces unnecessary ordering and the need for excess inventory. With less inventory on hand, carrying costs are lowered.
Solution Spotlight
LGG Industrial started managing and maintaining inventory levels, saving the customer an estimated $200,000 in unnecessary purchases.
Solution Spotlight
LGG Industrial vendor inventory management program has saved the customer $18,080 annually by reducing inventory and avoiding freight charges.
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