Vendor Managed Inventory Inventory Monitoring Made Easy
The stocking and transport of raw materials are often the biggest cost factor for a company. When the supplier looks after the customer’s raw materials inventory (Vendor Managed Inventory – VMI), both parties benefit from the close dovetailing of their processes. Vega supports the business model VMI with sensors for level measurement, various options for wired and wireless data transmission and a platform for making all inventory data available: the Internet portal Web-VV.
Vega delivers optimal sensors for level measurement of any kind of liquid or bulk solid. The measurement data are made available by signal conditioning instruments on site or by telecommunication via standard interfaces (Ethernet, Modem, GSM, GPRS). This has advantages for both sides. The plant operator always has access to the critical data he needs for production control. The supplier, on the other hand, can retrieve inventory data regularly from a distant location and fill up stocks when required.
Web-VV is a user-friendly inventory visualisation and data storage system that is just as suitable for company networks as it is for worldwide measurement data logging. The data collected by Web-VV are made available as charts, bar graphs and history diagrams. Inventory levels are actively monitored and transmitted in time or event controlled reports via e-mail or SMS. Integrating Web-VV into planning and control systems is simple because it provides, along with the Web services, a standardized interface to user programs and ERP systems such as SAP.
The Internet portal Web-VV is being used in numerous companies at over one hundred locations worldwide. The applications are running successfully in flour mills, water works and tank farms. The business model can be applied to many other application areas as well, e.g. in the food, building materials, petrochemical, environmental and recycling industries.
VMI saves both suppliers and customers work and overhead in their supply chain, e.g. through precise monitoring and control of delivery vehicles, storage capacities and production processes.