Baldor Powered with VMI Program to Boost Sales of its Mechanical Products
CINCINNATI, OH: Baldor, a manufacturer of industrial electric motors and mechanical power transmission products has adopted Vendor Managed Inventory (VMI) program, a solution developed by Datalliance VMI platform. This collaboration integrates both sales and customers in one single window to support sales of its mechanical products.
Datalliance backed VMI service substantially demonstrates its strength in increasing sales, improve supply chain efficiency, and reduce errors and rework. VMI is a streamlined approach to inventory management and order fulfillment that improves partnership between suppliers and customers. It basically aligns business objectives and optimizes operations.
Besides increasing mutual sales, the tie-up will facilitate integration with the supplier’s ERP system for product availability checks and other functions which can be done in a variety of methods from flat file transfer to real time Web Services. The tool can be quickly and easily fit into client’s current information systems environment to fully leverage existing investments.
"Baldor is continuously striving to become more responsive and proactive towards the distributor community," says Tom Mascari, Executive Vice President, Mechanical Group, Baldor. "Our Vendor Managed Inventory initiative for mechanical products will provide a new collaboration tool that will enhance our supply chain position with distributors to better service our mutual end customer.”