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Vendor Managed Inventory (VMI)
Focus on Your Core Laboratory Activities with the Lennox Vendor Managed Inventory (VMI) System
Managing inventory can be a time-consuming and resource-intensive task for laboratories. By partnering with a trusted expert like Lennox to implement a Vendor Managed Inventory (VMI) system, your laboratory can streamline operations and focus on core activities
Why Choose a Vendor Managed Inventory (VMI) System?
Implementing a VMI system means your laboratory staff can shift their focus from administrative tasks—such as generating purchase orders, chasing deliveries, receiving goods, and managing stock levels—to their core scientific activities.
With a VMI system in place, you benefit from:
- Continuous product availability
- Optimised stock levels reducing inventory costs
- Minimised risk of expired stock through effective rotation
- Reduced administrative overhead
At Lennox, our VMI approach ensures your laboratory remains fully operational, while we take care of your inventory management.
Benefits of the Lennox VMI System
- Real-time visibility of stock by location
- Customisable inventory reports
- Immediate access to product Certificates of Analysis (COAs)
- Full tracking of expiry dates and lot numbers
- Online access to Material Safety Data Sheets (MSDS) for compliance and safety
- Single point of contact for all queries and requests
- Consolidated invoicing reducing the amount PO’s and invoices generated
Whether you're a small lab managing limited stock or a large organisation operating across multiple sites, the Lennox VMI system is fully scalable to meet your needs. For smaller companies, it reduces administrative burdens and ensures critical supplies are always available without overstocking. For larger operations, our system supports complex inventory demands with features like location-based tracking, site-specific reporting, and centralised oversight. No matter the size or structure of your business, Lennox’s flexible and customised approach ensures you receive the right level of support and visibility to keep operations running smoothly.