The objective of Tanktel's Vendor Managed Inventory (VMI) is to provide a mutually beneficial relationship where both supplier and end user will be able to more accurately control the flow of product in bulk silos required to maintain uninterrupted production.
With VMI, a manufacturer or distributor assumes the role of inventory planning for the customer. Instead of the customer reordering when their supply has been depleted, the supplier is responsible for re-stocking the customer to appropriate levels so the customer can continue operations without interruption. This process can add measurable savings to both the supplier and their customers.
Using live telemetry for VMI has the advantage of showing production peaks and troughs for clients who may have seasonal variations, or who may have procured a new contract which translates to higher than usual product usage. Automatic alarm notifications via email along with optional SMS notifications, let the supplier know of any re-ordering or shipment points in advance.
Tanktel's live monitoring can enhance your processes by integrating operational logistics much more efficiently. The system will assist in getting things done faster, better route planning to save money, which in turn helps to eliminate demurrage and futile delivery charges.