As a member company of iPower Distribution Group of New England, we help our customers manage their inventory so they achieve reduced costs, increased productivity, fewer stock-outs, and increased working capital. By implementing Lean techniques such as pull systems, vendor managed inventory (VMI), and point-of-use, customers benefit from the following:
- Improved replenishment when VMI, Kan-Ban & spot buy procedures are developed, implemented and managed by an iPower associate.
- Supplier consolidation, which results in price reductions due to higher volume discounts, cost-reducing FFF interchangeable products and product standardization.
- Streamlined procure to pay, so there is reduced transactional costs related to time, paperwork and “touches”
- Permanent inventory reduction, which inevitably reduces carrying costs for our customers and shifts the burden to The Hope Group and other iPower member companies.