Convincing Suppliers to Hold Consignment Stock on Your Warehouse Floor
Consignment inventory frees up millions in working capital by shifting inventory ownership until the exact moment of consumption. Here is how to pitch it as a win-win for suppliers.
Amit KasliwalCEO & Founder, Dehurdle
April 02, 20244 min read
The Vendor-Managed Inventory Pitch
Recommended Spoken Script
"Transitioning to a Vendor-Managed Consignment agreement gives you real-time EDI visibility into our production schedule and guarantees 100% exclusive component utilization. We provide dedicated secure warehouse space and pay on automated 15-day terms the moment stock is drawn from the floor."
The 2-Minute Practice Drill
2-Minute Spoken Drill
The 2-Minute Practice Drill
Practice VMI consignment negotiations in Dehurdle.