Stock Holding at the PSP warehouse

VMI (Vendor Managed Inventory) & Stock Holding

Why not partnership with PSP, whilst short lead times and a constantly changing market situation require flexible logistical solutions to packaging supply. PSP response to this demand is to offer stock agreements and VMI (Vendor managed inventory). Based on projected client use volumes PSP under contract agreements assumes responsibility for reorder points and stock management of the contractual lines of packaging.

What it means;

• Forecast driven packaging replenishment
• One point of contact & Management
• Consolidated Invoices
• Limited risk for obsolete material (maximum and minimum stock levels agreed in contracts)
• Managing stock rotation and JIT deliveries

The benefits received from our clients are;

• Rapid packaging replenishment
• Short delivery times
• Reduced management costs, cost take out in administration & warehouse labour
• Reduction of tied up capital in packaging cost and storage
• JIT Deliveries to production line side
• Improved Quality control
• Reduced risk for obsolete lines
• Optimised production runs for forecast volumes