VENDOR MANAGED

LINK TO COMPANIES WHO HAVE VENDOR MANAGEMENT SKILLS

Vendor Managed Systems fastener market markets vmi jit

• Kanban 
• Direct Line Feed
• Just In Time
• Stock Replenishment

 Only fastener companies who are capable of offering vendor managed

fastener supply systems advertise here.

 Kanban

This Japanese system was originally designed for fastener product held in bins or trays at the assembler’s workstation.

 This is traditionally a three tray system, one tray with the assembler, one in the factory stores and one with the supplier.

 Of course the volume consumption and size of the fastener product will dictate how many trays are in the system at any one time.

The customer is responsible in the first instance with providing the relevant usage data and the predicted replenishment schedule.

Over time the supplier builds up historical data analysis and can provide suggestions as to increasing or decreasing the amount of stock held. 

This is usually a contractual agreement and part of the advantage to the end user.

Direct Line Feed of Fastener Products

Fasteners, racks and bins are delivered to site; they remain the property of the fastener distributor. It is contracted to the customer that sufficient insurance cover

be in place, to accommodate the cost of replacement, should damage occur.

Fastener consumption analysis and the initial inventory are calculated based on the refill cycle and batch manufactured quantities.

The fastener suppliers operative, manages the bin system, to an agreed schedule. Usage is evaluated and empty bins replaced.

The customer pays only for the fasteners in the replacement bins.

The use of plastic bins removes the need for disposal of cardboard.

Just in time

This is an extension of Kanban; the difference is that fastener product is only held at the work station and with the fastener supplier; no fastener inventory is held in the customers stores.

The complexities of ensuring the operator always has fastener product usually fall on the fastener distributor, who is contracted with penalties to keep the

production line feed.

The customer only pays for product delivered to the production line.