Vendor-managed Inventory (VMI) is a partnership-based approach where the supplier takes responsibility for planning monitoring and controlling inventory.
Direct Line Feed (DLF) contracts out the procurement of components to a key supplier who ensures that all components are continuously available at the point of use exactly when they are required.
Kanban uses visual 'cards' to show when stock needs replenishing. Stock bins are re-filled ‘just in time’ at a pace dictated by the rate of production.
TFC is a leading supplier of technical fastening components and supply chain solutions.
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