When you purchase parts from offshore suppliers, your company takes possession of those parts once they hit the shipping docks overseas. From there, it can take an average of 6 weeks for the inventory to reach your organization.
We’ve developed processes to help you streamline this process. By placing all your items that are purchased from an overseas supplier in an OTW (On-The-Water) warehouse, VEITS Group can help you get a better handle on your inventory. On The Water inventory management allows you to:
- Track offshore inventory by container, by item, and by quantity.
- Support multiple offshore vendors.
- Track the value of the inventory for monthly reporting.
- Provide visibility to APS / Planning systems.
- Provide visibility to Supply Chain team.
Contact us to find out more!