At Nucor Tubular Products, we offer a wide variety of value added and custom services to help you optimize your supply chain performance. Our Vendor Managed Inventory shifts the responsibility for managing and replenishing inventory levels to suppliers. Plus, it gives you the flexibility to replenish only when needed. By monitoring your customer’s consumption patterns with real-time data, material shipments are adjusted automatically.
Our Vendor Managed Inventory benefits include:
- Increasing forecasting accuracy
- Reducing cycle times
- Increasing inventory turns
- Customizing stock management
- Reducing working capital