VMI for Battery Manufacturers
Since 2010, Targray vendor managed inventory (VMI) solutions have played an important role in the development of the global battery value chain, becoming a trusted source for some of the industry’s largest energy storage manufacturing and distribution companies. Designed to ensure product availability with the lowest logistics costs while maintaining the lowest attainable inventory level across the supply chain, our new and improved VMI program helps battery manufacturers, project developers and energy storage companies achieve a sustainable increase in operational efficiency and profits.
Faster inventory turnover facilitates the reduction of inventory levels, which in turn enables companies to free up working capital.
Vendor-managed inventory creates new efficiencies by helping businesses procure materials at the right time, and from the right location.
With fewer ordering and logistics functions to worry about, Targray VMI program participants are able to lower their administrative expenses.
Effective vendor-managed inventory programs help build strong, long-lasting vendor relationships, which opens the door to better purchasing terms and conditions.
The Benefits of VMI
Targray VMI Program Features
Targray’s vendor-managed inventory program is delivered and managed by an interdisciplinary, global team of professionals that combines Targray Group’s international resources with leading finance, engineering and supply chain management expertise. Tailored to the specific needs of each customer, our Battery VMI program provides:
A.I.-supported supply chain analysis
Operational risk management
Global warehousing facilities
Material sourcing and analysis
Just-in-time manufacturing support
Flexible payment options (open terms, LC)
Enhanced trade insurance