At this years K show, Global EPP will reveal its new the Vendor Managed Programme (VMP) - a completely integrated supply chain solution providing distributors with a totally new way of conducting business.
The VMP will ease cash flow problems, improve stock effectiveness and provide integrated e-commerce facilities.
Our VMP is a unique product which answers our customers ever increasing demands for shorter lead-times, competitive pricing and their need to hold the correct composition of stock, says Max Fraser, director at Global EPP.
What the VMP will do is service our global distributors with stock and allow them to swap obsolete products. Through our own warehouse management system we will offer a working capital solution, e-trade and a more intelligent supply of our products. Our systems will do all the analytical work, leaving the distributors to concentrate on selling.
An industry first, through the VMP customers will be allowed to exchange obsolete products in their warehouses for new, faster moving items, giving them a greater return on assets employed. Global EPP can facilitate this unique offer because of its state-of-the-art recycling facilities.
The company will also offer sophisticated terms of payment to distributors based on a six month repayment plan, thus reducing cash flow limitations. As an added benefit, each distributor will be offered international e-trade facilities integrated within their own website providing wider sales avenues.
Using new technologies, the VMP will effectively track the distributors supply chain. Wireless GPRS scanners (general packet radio service) will maintain real-time stock accuracy, maximising warehouse capacity, while sophisticated software will provide up to the minute management information, synchronising forecast demand and providing monthly KPI reporting.
The combination of facilities will deliver greater support to all clients, streamlining activity, increasing sales and revenue as well as providing better customer focused services.
Fraser continues: Global EPP has 40 years of technical excellence in relation to cast nylon and extruded 3P semi-finished engineering plastics stock shapes. During this time the industry has not evolved significantly with changing business practices.
Our vision is to transform the market and provide a far better product and services offering. The VMP package offers an automated service that delivers excellent value to our global distributors, at competitive prices with good returns.
In order to provide stock through the VMP seamlessly, quickly and efficiently, our central distribution centres are located in Europe, North America, Mexico and the Asia Pacific regions. We also have intentions of further increasing our presence in the Asia Pacific region, as well as expanding into South America and the developing markets of Russia, China and India.
The Vender Managed Programme allows Global EPP to position itself as a complete solution provider in the field of engineering plastics.