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