Consigned & Vendor Managed Inventory
DXP can significantly and positively impact your bottom line while you take care of business, your core business! SmartBin, DXP’s Bin Stock Program, allows you to focus your attention on what you do best and transfers all or part of your inventory operations to DXP’s team of experts. Ultimately providing your organization with substantial cost reduction through:
- Inventory level management
- Monitoring
- Automatic replenishment
- Item barcoding
- Consolidated invoice/statement
DXP’s breadth of first-tier products supports this integrated supply offering. DXP owns the supply chain that directly represents more than 1 million items from 5,500 manufacturers.
Benefits:
- Reduce supplier base
- Reduce transaction costs
- Reduce handling costs
- Reduce inventory costs
- The right product at the right time
- Ability to redirect capital resources to more productive uses
- Eliminates cost of capital associated with maintaining inventories
- Point of use vending
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