Our customers have seen major advantages in using us to manage their inventory, realising that this is a non-core business function and an area which can be run far more efficiently by a third party.

Oxford Bearings Ltd has gained substantial experience in materials management operations. We have the expertise to manage the entire procurement process.

  • Source specified materials
  • Work with your existing supply chain
  • Manage inventory
  • Remove obsolete stock cost effectively
  • Work with vendors to control OEM supplied equipment
  • Provide warehousing
  • Timed deliveries to specified locations
  • Report on product usage, stock levels, forecasts and deliveries

Vendor Managed Inventory can reduce costs in the following ways

  • Eliminates the need for warehousing
  • Improves efficiency for stores personnel
  • Reduces the need for day-to-day procurement
  • Eliminates the cost of slow moving, redundant or damaged stock
  • Bulk buying enables economies of scale, which can translate into cost savings for customers
  • Vendor Reduction Programme reduces purchasing and administration costs and increase efficiency
  • Reduced incoming carriage charges