VMI (Vendor Managed Inventory) is a way for suppliers and suppliers to obtain the lowest cost, and the supplier manages the inventory under a common agreement, and continuously monitors the implementation of the agreement and amends the agreement. A collaborative strategy that continually improves inventory management. This inventory management strategy breaks the traditional independent management model of inventory, embodies the integrated management thinking of supply chain, adapts to the requirements of market changes, and is a new and representative inventory management idea.
Hub warehouse pointed out that the goods went out of the factory's finished goods warehouse, and then exported to the customs, and sent to the warehouse designated by the foreign customer, usually the warehouse of the middleman or agent. HUB Logistics means fast integration and distribution, and Hub Warehouse is quite a distribution center.
The establishment of the VMI-HUB logistics service model is conducive to improving the overall supply chain operation level of enterprises in the park. Transforming the one-to-many relationship between the company and the supplier into a one-to-one relationship, thereby improving efficiency, saving transaction costs, and saving investment in self-built warehouses; at the same time, shortening the feeding process, promoting rapid response, and reducing error rate , get double savings in time and cost.
Before the establishment of the Volkswagen HUB, overseas suppliers often stored the goods in the bonded warehouse, with one more transfer in the middle; after the completion of the Volkswagen HUB, the overseas suppliers could directly store the goods in the public HUB warehouse, shortening from the original 20 hours to Save 85% in just 8 hours.
The logistics of export processing zone is an organic component of port logistics. It has many characteristics and relatively complicated characteristics of port logistics. Therefore, some of the experiences and lessons learned from applying the VMI-HUB logistics service model to the export processing zone logistics can also be applied to other port logistics.