In today’s competitive world, companies
need to leverage every opportunity to cut costs without shortcutting
product and service quality. Inventory management options provide
an ideal opportunity to reduce costs by decreasing inventory levels
and shifting inventory management activities to the vendor. LGI
works with its customers to construct the inventory management that
best suits your needs, including:
Vendor Managed Inventory (VMI)
VMI maintains the customer ownership of the inventory while transferring
inventory management activities to LGI—reducing the time and
cost associated with these activities.
Supplier Owned Inventory (SOI)
With SOI, LGI warehouses inventory and maintains ownership until
the product is delivered to the customer. LGI also assumes some
added inventory management activities with this model. SOI provides
the added benefit of reducing inventory levels and costs.
Unique and Innovative Key Client Inventory Programs
LGI also offers a premier inventory program for those companies
who are looking to negotiate strategic agreements for inventory
and logistics management combined with volume pricing models and
pay as you go invoicing.