Confidential
MRO Sales &Vendor Managed Inventory Services
Norvell Eutsey
512-415-4952
Confidential
NE Ventures, LLC.
The Individual (Norvell Eutsey, Jr.) Supply Chain Management (12 years) Strategic Sourcing (9 years)
Category Management Supplier Development Project Management
Supplier Diversity Management (12 years) Administrative Services Management (16 years) Facilities Management (16 years) Executive Leadership (5 years) Small / Minority Business Development (12 years)
Confidential
Product Line Card Bearings Electrical and Industrial Automation Hydraulic Hose Hydraulics Industrial Hose Industrial Supply Products Linear Motion Material Handling Mechanical Power Transmission Pneumatics Seals and Accessories
Confidential
Solutions Offered Vendor Managed Inventory & Point of Use Dispensing
Spend & Cost Savings Analysis
Asset Tracking
Warranty and Repair Tracking
Category Management
Inventory Management & Control
Confidential
ServicesSupply Chain and Supplier Management Services
Supplier Management
Programs
Sourcing Project
Management
Strategic Sourcing
Process Development
Confidential
Customer Deliverables
Define Inventory Management
goals and objectives
Define Inventory Management
goals and objectives
Evaluation of Customer and NE Ventures current
systems and processes
Evaluation of Customer and NE Ventures current
systems and processes
Identification and documentation of
system and process
improvement opportunities
Identification and documentation of
system and process
improvement opportunities
Alignment of NE Ventures service
model with Customer
expectations
Alignment of NE Ventures service
model with Customer
expectations
Technology integration and implementation
plan
Technology integration and implementation
plan
Documentation of PO generation,
A/P, A/R, product ordering
processes
Documentation of PO generation,
A/P, A/R, product ordering
processes
Desired OutcomesDesired Outcomes
Effective and Efficient
relationship model that yields:
Significant Reduction in
Customer Inventory Management
Expense
Effective and Efficient
relationship model that yields:
Significant Reduction in
Customer Inventory Management
Expense
Confidential
… is a package of software, hardware, and process tools for providing services to automate management
of customer in-plant MRO inventories
Basically, all the system does is collect order or count sheet data that is then electronically transferred into NE Ventures Operating System (OPI, Consignment)
for processing
Storeroom Replenishment Program
Confidential
Services
Bar Code Scanned Parts Replenishment Program Targeted for “Keep Fill” or “Point-of-Use”
Replenishment and “Consignment” Type Inventory Management Systems
Electronic upload to Order Fulfillment System Eliminates Manual Processes Streamlines Transactions Speeds Part Replenishment
Accommodates Core and Non-Core Products
Confidential
Supported Model Types
Vendor Managed Inventory (VMI) Models
• Replenishment “Keep Fill” Model
• Replenishment “Order Qty” Model
• Replenishment “Min / Max” Model
• Consignment “Inventory Management” Model
• Cycle Counting
• Bin Counting
Confidential
Update COS• No Data Entry• Orders Generated• Interface to Consignment• Labels Generated
Bins are Scanned and BOH or Order
Quantity Entered
Keep Fill Model
Operations Flow
StoreroomReplenishme
nt
Product isShipped to Customer
Customer Bin Locations are
Bar Coded
Confidential
The program uses a handheld scanner to collect the information needed supporting the (VMI) Process. Below are some pictures of the “Psion Teklogic” scanner and an example of
a bar code label NE Ventures uses in this service.
Handheld Scanner
MINO: 99999X99999
Confidential
Benefits
Storeroom Replenishment (Vendor Managed Inventory – VMI)
• Streamlines Transactions
• Eliminates Data Entry
• Speeds Part Replenishment
• Promotes Accurate Order Fulfillment
• Provides Activity / Usage Reporting
• Reduces Customer Labor Cost
• Integrated with Motion Consignment Programs
Confidential
Industrial Vending(Point-of-Use Dispensing)
An automated inventory management system design to provide a cost effective way to establish control of high volume products, improve product accessibility, increase facility uptime while reducing MRO
transaction and inventory cost.
Confidential
User Removes ProductFrom Dispensing Unit.
Process Software Downloads UsageInformation Throughout the Day
Branch ReceivesReplenishment Order
NE Ventures Service TechFills Machine
How
Industrial Vending
Works
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Confidential
What Goes Into The Machines
High Use Items. Gloves Safety Glasses Tapes & Adhesives Flashlights
Items With a “Take Home” Value
Batteries Small Tools Office Supplies Medicine & First Aid
High Dollar Value Items. Calibration Equipment Test Equipment Vibration Equipment
Confidential
Strategically Located – NE Ventures has partnered with Motion Industries and will utilize MI’s distribution network.
7 Distribution Centers
36 Service Centers
458 Branch Locations
DC ACTIVITIES
• 20% Auto Replenishment
• 80% Rush Orders Demand
• 264,748 lbs. Shipped Per Day• 4,386 Small Express Packages Per Day