Chicago, Ill.—November 13, 2013—The Power Transmission Distributors Association (PTDA) has released VMI: A Practitioner’s Set of Guidelines. PTDA, in its ongoing efforts to foster best-in-class business practices among distributors and manufacturers, has issued this white paper that provides information to help distributors and manufacturers explore vendor managed inventory and make an informed decision as to whether implementing this type of relationship can help their bottom line. VMI: A Practitioner’s Set of Guidelines provides both a distributor and manufacturer perspective in regards to implementation, measuring results and benefits of VMI. Also included in this white paper is a case study, glossary of terms and a checklist of prerequisites for VMI participation.
This white paper is available to both members and nonmembers of PTDA. VMI: A Practitioner’s Set of Guidelines is available for download by PTDA members here, www.ptda.org/vmi. Nonmembers also can access the guidelines at no cost in just a few quick steps.
Founded in 1960, the Power Transmission Distributors Association (PTDA) is the leading association for the industrial power transmission/motion control (PT/MC) distribution channel. A U.S.-based trade association, PTDA represents 178 power transmission/motion control distribution firms that generate more than $16 billion in sales and span just over 3,400 locations in the United States, Canada and eight other countries. PTDA members also include 180 manufacturers that supply the PT/MC industry.
PTDA is dedicated to providing exceptional networking, targeted education, relevant information and leading-edge business tools to help distributors and manufacturers meet marketplace demands competitively and profitably. For more information, call +1.312.516.2100 and visit httP//www.ptda.org.