Austin Hardware® Resource Center

Inventory Management | Non-Consigned Vendor Managed Inventory

Posted by Rob Dell'Elmo on Apr 2, 2019 11:00:00 AM
There are two types of VMI program – Non-Consigned and Consigned. Both Non-Consigned and Consigned VMI programs offer customers a similar list of benefits, which you can read more about HERE. In a Consigned VMI program, the inventory is put in place, but the customer doesn’t pay for it until it’s...
Read More

Topics: Vendor Managed Inventory, inventory management

What is Production or Manufacturing Inventory?

Posted by Austin Hardware on Mar 29, 2019 12:00:00 PM
What is Production Inventory? If your business produces a finished good, then you may be familiar with the concept of production inventory. Simply put, production inventory is the amount of goods you have on hand to complete the manufacturing process. It’s all the parts and supplies your business...
Read More

Topics: Vendor Managed Inventory

What is inventory Management?

Posted by Austin Hardware on Mar 26, 2019 12:25:26 PM
    To keep things simple; inventory management is the management of inventory and stock.  If your inventory is managed properly it will mean you always have the correct levels of stock on hand. This has a lot of benefits for your business. For some, this is easier said than done. However, having...
Read More

Topics: Vendor Managed Inventory

Recap from The 2019 NTEA – The Work Truck Show

Posted by Austin Hardware on Mar 12, 2019 4:12:14 PM
    We’re back from 2019’s NTEA aka The Work Truck Show in Indianapolis, IN. This year’s show was a success, and we were able to meet up with new and current customers, showcasing some of Austin hardware’s new and best products. In addition, we were able to lean in to our team members and product...
Read More

Inventory Management Designed To Improve Your Bottom Line.

Posted by Austin Hardware on Mar 4, 2019 11:02:33 AM
There are many ways that selecting the right Vendor Managed Inventory (VMI) partner can simplify your business and help you to start saving time, money, and improve your bottom line. Let’s break down what VMI is all about.
Read More

Topics: Vendor Managed Inventory, inventory management

It’s time to take the next step: Find out now if your business is ready for Vendor Managed Inventory.

Posted by Austin Hardware on Mar 4, 2019 10:46:59 AM
  Is inventory the backbone of success for your business?  Do you have trouble forecasting demand and maintaining correct inventory levels yourself?  Do you have difficulty dealing with too many suppliers? Managing large amounts of inventory and a multitude of suppliers requires daily monitoring,...
Read More

Topics: Vendor Managed Inventory

Consignment Inventory Management (VMI)

Posted by Austin Hardware on Mar 4, 2019 10:28:24 AM
So, what exactly is Consigned Vendor Inventory Management? Let’s break it down into two parts – Consigned Inventory and Vendor Managed Inventory. Consigned Inventory is inventory that is still owned by the supplier, but the customer has it on hand. When the customer uses or sells the inventory, the...
Read More

Topics: Vendor Managed Inventory, inventory management

7 Great Vendor Managed Inventory Benefits

Posted by Austin Hardware on Feb 7, 2019 4:31:00 PM
Vendor Managed Inventory or VMI is an inventory replenishment strategy in which the supplier monitors and may even physically replenish the customer's stock. When you form a VMI relationship with a provider, they handle the stress of inventory so that you can focus on other aspects of your business.
Read More

Topics: Vendor Managed Inventory, inventory management

Austin Hardware & Supply, Inc. Reaches Agreement with Tuma to Distribute Heavy Duty Drawer Slides

Posted by Admin on Jan 10, 2019 11:14:00 PM
Austin Hardware & Supply, Inc. has reached an agreement with Tuma to be their United States distributor of heavy and extra heavy duty drawer slides.  While Austin Hardware has supplied heavy duty drawer slides for many years, Tuma’s slides add to that offering, giving Austin the broadest offering...
Read More

Topics: Austin Hardware® News

Single vs. Multi-Point Latches

Posted by Rob Dell'Elmo on Nov 19, 2018 2:36:00 PM
In addition to selecting the type of latch for your application, as we discussed in our "What Type of Latch Should I Choose?" post, manufacturers in wheeled vehicle and other industrial markets must also decide whether the use of a single or a multi-point latch is best.
Read More

Topics: Latches