The Supplier Managed Inventory System automates the management of parts inventory for railroads through dedicated websites. Customers are able to electronically record parts usage daily at various locations. Pre-determined minimum and maximum inventory levels instruct the system to automatically generate purchase orders and shipments. The customer receives only what is needed when it is needed, while enjoying lower costs, increased operating efficiency and reduced inventories.
Periodic review process:
SMI system Model
Inventory Management Features:
Maintain adequate "tier one" inventories at all SMI locations
Maintain back up "tier two" inventory at the appropriate service centers
Provide quality products and services
Notify partner of product shipments
Monitor product warranties and resolve issues
Maintain and enhance WabLink website
Acknowledge core return receipts in a timely fashion
Benefits:
Reduce inventory and help manage Finished Goods and Cores
Wabtec ensures specific equipment availability at specific client locations
Wabtec furnishes the client with location specific tools that:
» Record material usage
» Acknowledge material receipts
» Track cores
» Reduce Acquisition Costs
Reduce comprehensive ownership costs for suppliers, car owners, maintainers and railroads
Lower inventory carrying costs
Eliminate multiple Purchase and Receipt transactions. Single, periodic purchase based on usage.
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