At the recent Farnborough International Airshow, TFC set out its latest solutions for smart VMI (vendor managed inventory), which introduce real-time automation into VMI supply chain management. This customisable portfolio of solutions leverages partner company Inventor-e’s real-time automated technology to complement TFC’s decades of experience delivering VMI solutions, ultimately giving manufacturers better visibility and control over their supply chains.
Smart technology, such as iVendSecure, allows manufacturers to manage and control high-value assets, such as cutting tools and tool holders, by keeping them safe in restricted lockers. Real-time monitoring provides a clear overview of asset whereabouts, where intelligent reporting of collected data can help companies to improve traceability and compliance.
Brian Vince, group quality manager at TFC, says: “For businesses in the manufacturing industry, where compliance and control is essential, Smart VMI is the natural evolution of VMI. It can offer a whole host of extra benefits, including automated stock replenishment, alongside increased traceability of tools, components and high-value assets.”
Chris Billinge, business development director at TFC, adds: “UK manufacturers seem to be busier than ever. The ongoing unpredictability of demand has caused many manufacturers to rethink their supply chains as they look to maximise capacity, productivity and efficiency in their production processes. VMI puts supply chain management into the hands of an experienced partner who has the expertise, local knowledge and global connections to streamline and simplify the process.”
TFC also showcased its ARaymond and Smalley product solutions at Farnborough, such as the ARaymond VDA low-push connector and the Smalley Revolox self-locking retaining ring alongside a range of other connector, ring and spring solutions.
For further information https://tfc.eu.com/