Hardware specialist VBH has released an update on the position regarding their ability to supply in the face of the well documented issues surrounding freight and port delays, shortages of raw materials and over-capacity production lines.
These are subjects that we have all grown accustomed to over the last year in both our work and home lives.
They all combine to put immense strain on any supply chain. In the face of this, VBH advise that they are very proud to have achieved an OTIF (On Time in Full) outbound fulfilment average of 96.8% over second quarter of this year.
VBH have drastically increased stock levels of their own greenteQ products, and those from 3rd party partners, too. This investment in stock is paying dividends for VBH and their customers as airfreights are kept to a bare minimum and OTIF has not dropped below 95% for many months.
As well as building up stocks, the purchasing analysts at VBH, led by Purchasing Manager Karl Thompson, are in constant dialogue with the greenteQ factory production planners to ensure a steady and controlled flow of hardware and furniture to VBH (GB).
Karl tells us: “This year has definitely had its obstacles when it comes to the supply chain. However, by increasing our local stock holding and working closely with all our factories and suppliers, we’ve been able to minimise any disruption to VBH customers.
“We are very proud of the OTIF we have achieved and maintained over what has been a very unpredictable time for both supply issues and sales volumes.
“Our approach to stock and stock control has enabled the sales team to take on many new customers during the past year, whilst not compromising the availability of products for them and our existing customers. This is vitally important and is our number one priority. We have now set our sights on achieving and exceeding the 97% OTIF target for the rest of the year.”
VBH advise that Karl’s team continues to keep up with the New Product Development and Sales teams, despite the introduction of many new product ranges already this year, and the company achieving another record sales month in June.