Tag Archives | inventory

VMI, VMR, SMI – Just What Is This?

Posted on November 17, 2014 | By Rick Grigalunas | Leave a response

Simply put, it is nothing more than a form of an Inventory Management Service that is provided by your supplier or vendor. These are various acronyms that are associated with inventory management. I will share the definition of these terms with you and try to give you some guidance as to when you might use VMI […]

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Kitting: Save Time – Save Money

Posted on November 14, 2014 | By Rick Grigalunas | Leave a response

A form of supply chain management, kitting reduces cost and improves efficiences. In very simple terms kitting is a process in which individually separate but related  items are grouped, packaged, and supplied together as one unit. A form of supply chain management, parts are accurately counted and labeled, making them readily available when needed. A program […]

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