Vendor Managed Inventory

Yahoo Archive
1
Kirstin, Are you on Vantage or E9? I am also curious about you process.

Dan

-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of Kirstin Brandt
Sent: Thursday, August 02, 2012 2:11 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Re: Vendor Managed Inventory

Paul - We are doing this for some of our business partners on both sides, as the vendor and as the customer. How we manage it depends on who owns the inventory.

We have a separate "warehouse" (may be several different physical warehouses) with bins = customer name/location for stuff we still own. There is a blanket order created for those parts and releases are pulled through as needed. Any fees would be pulled through as misc. charges at the time of shipment or monthly or whatever arrangement was made.

If they own the inventory, but we still need to manage it, well that all depends on how the part is used. We have vendor-managed parts that we may buy then sell as is, use in products that we build (which may or may not be for the vendor/customer who owns the raw material - process would be different depending), or act as a warehouse distributor and ship for the vendor and never actually take ownership of the product. If any of this is applicable to you and you'd like more info, let me know.

--- In vantage@yahoogroups.com, "Paul Pachniak" <paul.pachniak@...> wrote:
>
>
> Hello All,
>
>
>
> We have a customer that has a Vendor Managed Inventory program where
> we ship goods to a warehouse on or near their site and they pull the
> parts when they need them. I am wondering if anyone else has had to
> implement a similar program and how they are handling all the
> transactions in Vantage?
>
>
>
> I would appreciate any insight any of you may have.
>
>
>
> We are on 8.03.408B Progress, with plans to go to .410 8/11.
>
>
>
>



------------------------------------

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2
Hello All,



We have a customer that has a Vendor Managed Inventory program where we
ship goods to a warehouse on or near their site and they pull the parts
when they need them. I am wondering if anyone else has had to implement
a similar program and how they are handling all the transactions in
Vantage?



I would appreciate any insight any of you may have.



We are on 8.03.408B Progress, with plans to go to .410 8/11.



Paul E. Pachniak

Controller

Ace Precision Machining Corporation

W146 N5714 Enterprise Avenue

Menomonee Falls, WI, 53051-5916

Phone: 262-252-4003 Ext. 3114

Fax: 262-252-4974

Email: paul.pachniak@...

WWW: www.aceprecision.com <http://www.aceprecision.com/>



Celebrating 30 Years

1982 - 2012











NOTICE: THIS MESSAGE CONTAINS THE PROPRIETARY AND CONFIDENTIAL INFORMATION OF ACE PRECISION MACHINING CORP. If you are an unintended recipient, immediately (1) delete all copies of this message and any attachments, and (2) contact the sender. If you are an intended recipient, you are prohibited from deleting or obstructing this or any other Ace Precision Machining Corp. proprietary or confidentiality designation that appears on this message or any attachments. All recipients are prohibited from reproducing, publishing or disclosing the contents of this message and any attachments to others, unless you first request and receive written permission from Ace Precision Machining Corp.

[Non-text portions of this message have been removed]
3
Paul - We are doing this for some of our business partners on both sides, as the vendor and as the customer. How we manage it depends on who owns the inventory.

We have a separate "warehouse" (may be several different physical warehouses) with bins = customer name/location for stuff we still own. There is a blanket order created for those parts and releases are pulled through as needed. Any fees would be pulled through as misc. charges at the time of shipment or monthly or whatever arrangement was made.

If they own the inventory, but we still need to manage it, well that all depends on how the part is used. We have vendor-managed parts that we may buy then sell as is, use in products that we build (which may or may not be for the vendor/customer who owns the raw material - process would be different depending), or act as a warehouse distributor and ship for the vendor and never actually take ownership of the product. If any of this is applicable to you and you'd like more info, let me know.

--- In vantage@yahoogroups.com, "Paul Pachniak" <paul.pachniak@...> wrote:
>
>
> Hello All,
>
>
>
> We have a customer that has a Vendor Managed Inventory program where we
> ship goods to a warehouse on or near their site and they pull the parts
> when they need them. I am wondering if anyone else has had to implement
> a similar program and how they are handling all the transactions in
> Vantage?
>
>
>
> I would appreciate any insight any of you may have.
>
>
>
> We are on 8.03.408B Progress, with plans to go to .410 8/11.
>
>
>
>