Many companies, including manufacturers, are expanding their business growth at a rate that stresses all aspects of operations, including an accurate inventory of raw materials and finished goods to support their customer demands. In many instances, there are shortages, obsolescence, aging inventory, too much of an item and not enough of others, expediting and other time and energy spent on issues that ultimately reduce their bottom-line profits.
In order to help manage their business and focus their efforts on the company instead of packaging, many companies have turned to their suppliers for a VMI (Vendor Managed Inventory) program. The benefits are listed in a white page below and can guide a company to select the right vendor managed inventory program for their requirements. Managing custom and stock boxes, product packaging, packaging supplies and all aspects of a packaging inventory can be made a lot easier with a packaging supplier that acts as a packaging partner! Taking the time to identify the right packaging supplier isn't always easy but is usually well worth your time. It can be the difference between success and failure in your company, especially if you are a small business or have started eCommerce business and have concerns about that supply chain and branding your product.
Click Here to read the White Paper on VMI Benefits