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The Value of Our VMI Solutions
CE3S VMI Solutions significantly reduce landed costs by alleviating time, space, and pain associated with all administrative functions such as material sourcing, procurement, and warehousing.
Financial and Operational Strain Without VMI Solutions
Managing inventory is a complex task that goes beyond the simple act of purchasing items. Each purchase order comes with an average cost of $115, encompassing the product and hidden costs. These include processing fees, receiving and inspection costs, and transportation charges. Procurement and sourcing teams, who are central to controlling these expenses, find themselves under increasing pressure. Last year, a staggering 86% of these teams experienced a surge in their workload, yet staffing levels remained stagnant.
But the financial burden doesn’t stop there. Companies must also consider the cost of capital tied up in inventory, the expense of overstocking, warehousing fees, the risk of product obsolescence, and other associated risks. These additional costs are a significant concern for procurement teams, leading to 55% of them reporting elevated stress levels or even burnout. The situation is clear: procurement teams are being asked to manage more responsibilities with the same or fewer resources, adding stress to an already challenging role.
Benefits of CE3S VMI Solutions
At CE3S, we employ advanced real-time statistical models customized to align with your specific usage patterns. This ensures that you have the right products in the right quantities, at the right locations, exactly when you need them. Our use of Artificial Intelligence, coupled with the hands-on expertise of our on-site staff, allows us to adapt swiftly to any changes in your operational needs.
Our team is not just a group of individuals; it’s a collective of seasoned supply chain experts with a deep understanding of product nuances and supply chain dynamics. We excel in identifying and managing specialized items, offering regular updates and reports to keep you in the loop. With CE3S, you can put to rest any concerns about inventory exposure for generic products, as we handle this aspect meticulously.
One of the standout features of our VMI services is the billing and invoicing structure. We offer point-of-use billing and consolidated invoicing, simplifying your accounting process and providing a clear cash management advantage. This is more than just a service; it’s a strategy to make your procurement process as efficient and stress-free as possible.
Take the Next Step with CE3S
When you opt for CE3S as your VMI solution provider, you choose a partner dedicated to optimizing your VMI procurement process. We aim to alleviate the pressures on your procurement team, allowing you to focus on what you do best: running your business. Don’t let inventory management become a bottleneck in your business operations. Elevate your supply chain efficiency, reduce stress on your team, and focus on growing your business. Contact us today to discover how our VMI solutions can transform your operations for the better.
