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Plumbing News
Plumbing Industry VMI Programs
Accelerate in First Half of 2016.
Elkhart, Gastite and Matco-Norca All Launch VMI Programs
w/Advanced Datalliance Platform Oatey and Winsupply Share Value
of Their Vendor Managed Inventory Experiences.
Datalliance announced today that another three plumbing product
suppliers have formalized their plans to launch Vendor Managed
Inventory (VMI) programs and selected the cloud-based Datalliance
VMI platform as their technology foundation. The companies include:
Elkhart Products Corporation — one of the world's largest
manufacturers of wrot copper fittings, Gastite — a leading
manufacturer of flexible gas piping and Matco-Norca — a leading
supplier of globally sourced, code-compliant plumbing & PVF
products.
All three companies either have or will soon launch their VMI
programs with key wholesalers. They join plumbing industry leaders
such as Anvil International, Apollo Valve, Canplas, Gerber,
Swagelok, Ward Manufacturing, Watts Water and others who are already
offering VMI programs based on the Advanced Datalliance platform.
Barbara Philibert, Executive Vice President and Chief Operating
Officer at Oatey, expressed the supplier view, saying: "Vendor
Managed Inventory (VMI) has been a great collaborative effort
between Oatey and our wholesale partners. Together we are rapidly
growing sales, systematically optimizing inventory levels and
consistently lowering purchase order costs. Through VMI, we are
strengthening and deepening our wholesaler relationships, focusing
on the many opportunities to grow together." Story continues below
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Confirming the growing
interest in VMI by wholesalers, Michael Magee, Manager of
Shared Purchasing at Winsupply recently said: "Winsupply is
rapidly expanding Vendor Managed Inventory relationships. We
are targeting 25 exclusive supplier partners for this
business growth initiative. Our experiences with the VMI
process have improved overall service levels while
maximizing our supply chain effectiveness. In addition, VMI
enables our team to focus on growth by aligning
strategically with our primary suppliers.
To exceed our corporate growth
goals, we need the expertise our suppliers bring to the table;
especially on the always changing product assortments and constant
new product introduction opportunities." John McKenzie, Director of
Supply Chain, Winsupply added: "The VMI process is so critical
towards achieving our corporate objectives, we have adopted the
process across multiple layers in our organization. Collaboration
has long been part of the culture here at Winsupply — it's at the
front of our successful business partnerships."
Tom Hoar, Director Industrial, said: "The plumbing industry has now
documented and proven out the value of the VMI process; thus
diminishing any real risk. Growth oriented suppliers and wholesalers
alike are looking to expand and scale the use of this collaborative
business process — just as several other industries have done over
past years. We are rapidly expanding our Datalliance VMI supplier
community, fueled by positive performance metrics and results from
customers like Oatey. Wholesale partners like Winsupply are
consistently realizing positive gains from their respective VMI
relationships. By utilizing our Advanced VMI service, each of our
partners are dedicating more time towards developing strategies
around increasing sales and optimizing product assortments that
better service the end customer."
About Datalliance
Datalliance is the world's largest independent Vendor Managed
Inventory (VMI) service provider. Delivered as a cloud-based
platform backed by extensive customer service, Datalliance VMI makes
it easy for suppliers and their customers to establish sales and
inventory management relationships that fully align business
objectives, improve collaboration, and streamline supply chain
operations. Datalliance manages billions of dollars in orders,
millions of SKUs, and thousands of locations worldwide for leading
companies in consumer, industrial and healthcare markets. For more
information about Datalliance, visit
www.datalliance.com.
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