A growing part of MacDonald & Owen’s business is our Vendor Managed Inventory (VMI) program.
Carrying inventory can be a costly proposition for any business. MacDonald & Owen’s Vendor Managed Inventory (VMI) program ensures you have the lumber you need when you need it without having to carry the extra inventory.
How Does it Work?
A designated MacDonald & Owen employee monitors your usage through our proprietary software (MacTrac). This allows MacDonald & Owen staff to anticipate your upcoming needs according to your stock level requirements and your historical usage. Payment is made only after the lumber is consumed.
Having a well-managed inventory on-hand that is not invoiced until the lumber is consumed will significantly improve cash flow. With purchasing efforts greatly decreased this allows companies the ability to free up their dedicated buyer to perform other tasks that provide further value to the company. Pricing stability is also an added financial benefit with long-term pricing options available.
Let MacDonald & Owen help you simplify your inventory management with our highly successful VMI program.