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Consignment Stock, Integrated Site Supply & Vendor Managed Inventory (VMI)

Long lead times, stock shortages and unpredictable production demands, are all problems faced within modern supply chains.

Many customers choose to lower supply chain risks by opting for a Consignment Stock, Integrated Site Supply or Vendor Managed Inventory solution. Engaging with the Gleave Product Management Team and Dedicated Commercial Contract Managers helps customers to find the right solution for their requirements. Contact Gleave to find out more.

 

Solving Inventory management problems:

  • Lack of storage
  • Persistent manual inventory counts
  • Failing delivery KPI’s
  • Discrepancies between used and purchased inventory
  • Failure to meet surge demands
  • Managing overstock and obsolescence
  • In-ability to manage inventory quantities
  • Long lead times
  • Rising personnel costs

Benefits of Inventory management solutions:

  • Reduce capital liability for stock
  • Reduce warehousing costs
  • Increase availability of all items
  • Access critical items onsite, only pay at point of use
  • Minimise downtime and operational issues
  • Reduce shrinkage problems and costs
  • Manage shelf-life items
  • Achieve Just-In-Time demands
  • Pro-actively manage obsolescence
  • Fast-track product approvals
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Consignment Stock is owned by gleave but held at the customer site, providing maximum availability. Meaning that Gleave is liable for the capital and responsible for the availability of your essential or critical products. Consignment stock solutions are commonly used for product ranges vital for employee safety such as PPE, and critical products that are important to customer operations, therefore avoiding disruptions and maximising safety.

 

Gleave Integrated Supply Solutions are designed and implemented to individual customer requirements and significantly reduce total costs while improving supply chain performance. Integrated Supply Services generally provide customised solutions ideal for MRO operations. Gleave optimise your inventory, review usage and trends, eliminate duplicates, deliver product rationalisations, reduce costs, and ease transaction processing and more.  Data analysis categorises products for consignment stock at customer locations, products to be managed by gleave as bonded stock, buffer stock levels required and items to be managed to agreed lead times, creating bespoke solutions for customers, ensuring a high OTIF is achieved whilst controlling costs and mitigating against risks. Key to Integrated Supply solutions are experienced Product & Procurement specalists, detailed inventory analysis and reporting, warehouse and inventory management and ongoing contract management.

 

Vendor Managed Inventory solutions maximise on-site product availability of gleave owned stock, gleave systems track usage, deliver automated replenishment and goods are invoiced at point of use.  Managed inventory solutions smooth demand peaks and troughs, reduce stock-outs, ensure continuous replenishment, reduce shrinkage, eradicate transportation delays, enhance tracking by site and importantly remove labour and inventory responsibilities from onsite personnel. There are a wide range of vendor managed inventory solutions to choose from.