VMI (Vendor Managed Inventory) and CMI (Customer Managed Inventory), two of the most innovative supply chain programs in the industry, are both supported by wireless technology and the assurance that the proper parts remain stocked at all times. Determining which program is best for your needs depends on the stocking approach you want your business to take.
Vendor Managed Inventory (VMI)
Cost-saving and hands-off, VMI methods like KanBan or Two Bin allow for paperless, streamlined stocking with constant monitoring service. Smart, weight-sensing Assembly Virtual Inventory System (AVIS) bins send automatic inventory updates to the program’s system, allowing the inventory management team to generate customized notifications and supply alerts for every customer using Electronic Data Interchange (EDI) tools.
This information is used for Material Requirements Planning (MRP) and helps the team to better understand your business — in addition to helping customers to make smart, well-informed decisions about stocking and ordering.
Key Benefits: VMI
- Easy to use, hands-off service with automatic updating
- Creates a better connection between manufacturers and distributors
- Offers constant wireless, weight-based AVIS technology
- Low overhead — stay well-stocked, never overstocked
- Minimal human error
- Maximum delivery speed
- Constant monitoring and improved inventory management
Customer Managed Inventory (CMI)
More hands-on than VMI, a CMI program is focused on you, the customer. You control the data and information about your inventory, while still saving money and operating at top efficiency.
By using a handheld A-FOB scanning tool, customers in the CMI program can upload product flow, stock information, and on-hand inventory details directly to a web-integrated system for ordering, invoicing, and more.
Simple, direct operation and minimized human error allow for streamlined productivity from start to finish — with the customer in complete control.
Key Benefits: CMI
- Easy to use
- Low overhead — stay well stocked, never overstocked
- Ideal for companies of all sizes
- Paperless and convenient
- Minimal human error
- Constant communication between customer and supplier
- Automatic replenishment triggered by customer input
- Wireless handheld scanning technology that fits in the palm of your hand
Partnering with AFI
Since December of 1984, the team at AFI has worked to offer the best in customer service. We understand that inventory management is a huge part of that service, and we also understand that no company has time — or money — to waste on inefficient stocking or inventory practices.
AFI’s customer programs aren’t simply based on innovative technology — they’re all about custom service. Both styles of program can be crafted to fit the specific needs of your inventory and daily operations.
Find the details of our CMI and VMI programs online, or contact our team to learn more today.