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About VMI Hub:
Vendor Managed Inventory (VMI) provides improved supply chain efficiency and cost reduction. In response to customer demand, we control materials by this way, The solution is a straightforward concept. By transferring ownership of, and responsibility for, inventory to vendors, customers can reduce work-in-progress raw material costs on their balance sheets. Typically, under VMI solutions, ownership of goods only passes to the customer when he is ready to use them, rather than at the supplier's despatch door.
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  Vendors' Reference
  Invertory Reports
 

Benifits from VMI Hub:
1. Increase Foxconn Capability by ensuring material availability.
2. Increase inventory visibility on a global basis & ensure materials are ordered on time.
3. Share the instant information of market upside & downside which then enhance vendors
   position on supply chain management.
4. Consolidate the material flow & lineside delivery saves multiple handling of materials.
5. Help Foxconn to optimize partnership & increase level of engagement with preferred vendors.
6. Provide pallet serialization capability for better quality control & maintain FOFO for
customers.
7. Win-Win situation with vendors and their customers.

 

VMI Hub Vision:
ĄCTo establish a world class hub with safe and pleasant facility and mordernized management.
ĄCThrough high performance teamwork, continuous improvement, constant innovation, to provide
  best service in its class at reasonable cost.
ĄCTo become the best bridge connecting all suppliers and Foxconn supply chain.