15 Dec 2020

5 Benefits Your Vendor-Managed Inventory Partner Should Provide

 

The goal of a solid Vendor Management Inventory (VMI) program is to provide a mutually beneficial partnership between a supplier and its customer to ensure a smooth and accurate flow of goods between the two organizations. At Quest, we handle the complex challenges of inventory planning for customers operating in highly structured industries such as pharma and life sciences, where stocking levels can impact the bottom line.

At a time when keeping your workers, facilities, and products safe means ensuring you have the inventory you need to stay operational, partnering with a trusted VMI team can be a powerful tool in making sure your workers have what they need when they need it. To help make sure you are getting the most out of your VMI program, we are sharing five key benefits your Vendor-Managed Inventory partner should provide.

1. Increased Service Tailored to the Your Unique Needs
A solid VMI program should always ensure you have no more and no less than what is absolutely needed to have onsite. When we kickoff a new VMI partnership here at Quest, we assign a VMI Specialist who is focused on a customer’s most important product and stocking needs. Rather than taking control away from the customer, we work together to analyze monthly usage needs to determine minimum and maximum inventory levels.

2. Improved Operational Efficiencies
The main benefit of VMI is to help your business run smoother and operate more efficiently. This can mean different levels of service for different organizations. At Quest, we can have VMI specialists perform inventory counts and deliveries each week, or we can have a specialist located onsite at all times. With part-time and full-time VMI, customers can focus their employees’ efforts on the work that generates company revenue. Additionally, VMI teams can help identify issues such as product expiration dates, tracking lot numbers, and managing important paperwork such as Certificate of Conformity.

3. Reduced Inventory Overstocks & Stock Shortages
VMI removes the need for the customer to have significant backup stock because the vendor manages the resupply lead times. Lower inventories for the customer can translate to significant cost savings.

Quest’s VMI team stocks and tracks customer inventory to ensure they have the products they need when they need them. Many times VMI teams are used in time-sensitive industries that also have regulatory demands. A pharmaceutical manufacturing production line running out of supplies can cause that line to shut down temporarily, costing the company tens of thousands of dollars. A strong VMI team ensures that doesn’t happen.

4. Onsite Technical Expertise
Working with a VMI specialist who understands your business is key. Quest carefully assigns a team specifically trained to work within your industry. This way, you can be sure the VMI team understands the requirements of your business, the timeframes you work under, and how product stocking affects your employees, products, and bottom line. If a problem arises with a product, VMI specialists with technical experience understand possible implications and can react quickly to offer various solutions.

5. Financial Transparency
Your vendor’s Sales and VMI team should be meeting with you regularly so you are aware of what stock is being used in your company and how much of it. They can also help explain why product changes were made by your safety managers or industrial hygienists. Quest performs site-specific reporting and spend usage that allows our customers to make better-informed business decisions and eliminate wasteful, non-value adding factors and other costs associated with inventory errors.

Better communication, inventory accuracy, forecasting and overall service are all possible through VMI. A good VMI partnership should create a service that has considered all aspects of the supply chain and any areas for concern so that the customer can focus on what they do rather than making sure they have the supplies they need to safely do it. To get the most out of a VMI program, be sure to work with a vendor that has experience in your industry. Your vendor should always have their finger on the pulse so when it’s time to source new or additional items, they have you covered. If you’re interested in learning how VMI can keep your business operating smoothly, our team can help.

27 Sep 2017
Construction workers looking over the blue print wearing PPE.

It’s here!

Many safety professionals wait anxiously for OSHA to release their annual top ten cited standards. If you are a seasoned safety focused person, I bet you can guess the #1 most cited standard…. You got it! – Fall Protection, 1926.501. It seems every year fall hazards top the charts. The complete list was released to a crowd at the 2017 National Safety Council Expo in Indianapolis, IN.

For the full list of most cited standards, check out OH&S Magazine’s OSHA Unveils FY2017 Top Most-Cited Standards article.

What should you do?

Contact Quest Safety to talk with a trained sales professional about best practices, new products, and resources to reduce citations and prevent your next fall. There have been advancements in the industry by 3M Capital Fall Protection and Honeywell Miller Fall Protection. We want to connect you with the right product for the application.

 

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22 Jun 2016
GHS HazCom pictograms. The symbols are used to identify workplace dangers.

In 2009, OSHA began aligning their Hazard Communication Standard (HCS 1994) also known as HazCom, with the GHS (Globally Harmonized System of Classification and Labeling of Chemicals) adopted in 2003 by the United Nations. With HCS 1994, OSHA intent was to give workers knowledge of health, physical, and environmental hazards they may encounter in the workplace. The goal of what became HCS 2012 was to standardize hazardous information to make it easier for workers to understand quickly, especially in emergency situations.

The key changes to HazCom and GHS are hazard classification; standardization of labels with signal words, pictograms, and hazard information; converting previously used Material Safety Data Sheets (MSDS) to a new standardized format, Safety Data Sheets (SDS).  Compliance with the new standard (HCS 2012/29 CFR 1910.1200) began in 2012 with a final deadline of June 2016. At that time all chemical users and producers must adhere to the new regulations.

For additional information see:
OHSA’s Hazard Communication Page
Free OSHA Training Tutorial – Understanding the GHS Labeling System
Free OSHA Training Tutorial – Understanding GHS Safety Data Sheets (SDS’s)
GHS Training: Passing Deadlines Don’t Mean the Work is Over from Occupational Health and Safety Magazine

Bug X 30 Insect Repellent Towelettes at a lake in the woods.

It seems warmer temps are here to stay! While warmer temps are exciting, perhaps not so exciting is the increase in pesky and sometimes dangerous insects the warmer temps bring. The Zika virus is on the rise making insect repellant increasingly important this year. Know the facts! Be Aware to Be Prepared! Check out Quest’s full line of insect repellent option below.

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18 Apr 2016
Construction worker wearing safety glasses, electrical protection gloves, and a hard hat cutting metal.

What glove is right for your application? Safety professionals all over the nation struggle to find the perfect fit in an effort to balance cost, compliance, and comfort. Many times high usage levels and cost can lead to an inexpensive canvas glove. Protective Industrial Products performed an impressive glove study at one of the largest metal producers in the United States that resulted in some pretty interesting findings. What glove is right for your application? It may not be the cost effective canvas you’ve grown accustom to using.

http://us.pipglobal.com/en/about-us/news-and-events/?nID=45

 

White-Paper-Maximizing-Efficiency---Cotton-Canvas-to-MaxiFlex

 

 

 

 

01 Feb 2016
Construction sign that says to Wear Your Safety Glasses, Foresight is Better than no Sight.

Eye protection is a key component of every Safety Program, and prevention is the best protection!  An incident can occur at any time, setting, or location and correctly using your eyewear will lower your chance of an injury.

Prevent Blindness America reports that 90 percent of the more than 2,000 eye injuries occurring each day are preventable through the use of protective safety eyewear.

The best reason to maintain a top-of-the-line PPE program, including employees’ critical eye and face protection, is to prevent a life-changing injury. Eye injuries can range from mild—minor bumps and scratches—to serious, eyesight-threatening injuries that demand immediate medical attention.  Common injuries include corneal abrasions, which are scratches on the clear, front surface of the eye. They can result from merely rubbing your eye or from wearing contacts too long, or from a speck of “something” in the eye or being poked in the eye by some object.

Read more of the OH&S Magazine Article “Keys to Preventing Eye Injuries” by Fred Elliott…

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11 Jan 2016
Construction worker wearing safety glasses, electrical protection gloves, and a hard hat cutting metal.

It’s been a long time coming! Cut protection has been exploding as a topic of interest in the safety industry for many years now. Despite the advancements in cut protective gloves there is still confusion about what standard to use or the necessary cut protection needed for the application.

According to the National Safety Council, a single hand laceration can cost over $12,000 in direct and related costs, if a tendon is severed, the cost can approach $70,000.

Proposed changes have been submitted to bring together the U.S. standard ANSI/ISEA 105 and the European standard EN 388.  Read more of this OH&S Magazine “New Global Standards for Protective Gloves are Coming” by Jill A Conley…

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