--- title: Efficiencies Blog | Seth Swanner, VP Sales and Marketing --- [![Supply-Tech-Logo](https://www.supplytechnologies.com/hs-fs/file-590229488-png/site-images/Supply-Tech-Logo.png?width=426&name=Supply-Tech-Logo.png "Supply-Tech-Logo")](https://supplytechnologies-2.hs-sites.com/home) [UK/Ireland Site ](http://www.supplytechnologies.co.uk)[India Site](http://www.supplytechnologies.co.in)  [Request Free Quote or Process Analysis](https://www.supplytechnologies.com/about-contact) [OVERVIEW & LOCATIONS](https://supplytechnologies-2.hs-sites.com/about-overview-locations)  ![lock](https://www.supplytechnologies.com/hs-fs/file-595480430-png/site-images/lock.png)  [PARTNER PORTAL](http://extranet.supplytechnologies.com/ils/usr_pwd.htm)  |  [CONTACT](https://supplytechnologies-2.hs-sites.com/about-contact) - ![](https://www.supplytechnologies.com/hs-fs/file-612630860-jpg/site-images/headers/header5.jpg) ## Insights On Efficiency # [NEXT LEVEL BLOG] ## Seth Swanner, VP Sales and Marketing ### Recent Posts ## [When Low-cost Suppliers Aren’t Low-cost: Evaluating Low-cost Global vs. Local Sourcing](https://www.supplytechnologies.com/blog/when-low-cost-suppliers-arent-low-cost-evaluating-low-cost-global-vs.-local-sourcing) Posted by [Seth Swanner, VP Sales and Marketing](https://www.supplytechnologies.com/blog/author/seth-swanner-vp-sales-and-marketing) - [Tweet](https://twitter.com/share) [![](https://www.supplytechnologies.com/hs-fs/hub/336770/file-1587374996.png) ](https://www.supplytechnologies.com/blog/when-low-cost-suppliers-arent-low-cost-evaluating-low-cost-global-vs.-local-sourcing) With the opening of global markets and expanded trade agreements, securing, training, and utilizing quality low-cost suppliers in the supply chain has become a targeted strategy to reduce costs and open up opportunities for market expansion. However, there are often situations where local sourcing is the best choice for supply chain stability and lowering total delivered cost. Focusing on piece price is the single greatest mistake procurement and operations managers can make in determining the optimal supplier mix.   <[Read More](https://www.supplytechnologies.com/blog/when-low-cost-suppliers-arent-low-cost-evaluating-low-cost-global-vs.-local-sourcing) 0 Comments [Click here to read/write comments](https://www.supplytechnologies.com/blog/when-low-cost-suppliers-arent-low-cost-evaluating-low-cost-global-vs.-local-sourcing#comments) ## [Custom VMI Program Cost | Part 2 | Supply Technologies](https://www.supplytechnologies.com/blog/how-custom-is-your-custom-vmi-program-what-you-dont-know-could-cost-you-part-2) Posted by [Seth Swanner, VP Sales and Marketing](https://www.supplytechnologies.com/blog/author/seth-swanner-vp-sales-and-marketing) - [Tweet](https://twitter.com/share) [![](https://www.supplytechnologies.com/hs-fs/file-787691061-png/page-photos/Custom_Programs_Graphic.png) ](https://www.supplytechnologies.com/blog/how-custom-is-your-custom-vmi-program-what-you-dont-know-could-cost-you-part-2) *Seth Swanner, Vice President of Sales and Marketing of Supply Technologies, shares his views on the industry and the dangers concerned with “custom” VMI programs that are being marketed by many competitors. * In my earlier blog post I discussed some of the key aspects involved in deciding on the right vendor managed inventory (VMI) program for your business – because the last thing your company needs to do is incur additional costs moving into a program that was initially supposed to save you money. In taking it a step further, I’d like to outline some of the benefits realized when your VMI program is developed based on the specific needs and processes of your organization rather than built around an off-the-shelf solution. - Better **consumption** control and parts velocity management - Reduced **costs** across multiple areas of your business - Improved **cash flow** through creative programs such as “pay on consumption” - Resource reallocation opportunities to focus on other key initiatives within your supply chain - Improved time management/efficiency - Improved quality standards and component traceability - Minimized and mitigated inventory **liability** - Reduced interruptions on production lines - Increased manufacturing **square footage** and production floor space - Streamlined **Just-In-Time** (JIT) solution for your production floor team  <[Read More](https://www.supplytechnologies.com/blog/how-custom-is-your-custom-vmi-program-what-you-dont-know-could-cost-you-part-2) 0 Comments [Click here to read/write comments](https://www.supplytechnologies.com/blog/how-custom-is-your-custom-vmi-program-what-you-dont-know-could-cost-you-part-2#comments) ## [How CUSTOM is Your CUSTOM VMI Program? What You Don't Know Could Cost You (Part 1)](https://www.supplytechnologies.com/blog/how-custom-is-your-custom-vmi-program-what-you-dont-know-could-cost-you-part-1) Posted by [Seth Swanner, VP Sales and Marketing](https://www.supplytechnologies.com/blog/author/seth-swanner-vp-sales-and-marketing) - [Tweet](https://twitter.com/share) ![VMIblog](https://www.supplytechnologies.com/hs-fs/hub/336770/file-1007509070.jpg?width=255&name=file-1007509070.jpg)Seth Swanner, Vice President of Sales and Marketing of Supply Technologies, shares his views on his industry and the dangers concerned with “Custom” VMI Programs being marketed by many competitors.  Vendor Managed Inventory programs (VMI programs) have become an extremely important tool in global supply chain operations. Many companies offer these types of value-added services, but very few can do this process well. The risk of a large scale transition from one supplier to another is far too great and creates potential exposure if either the new supplier is unable to accomplish such a task, or they work hard to implement a VMI program that isn’t truly customized to meet the current challenges of your organization. This is especially true for companies operating on a global scale. Before listening to the well-prepared rhetoric that most VMI suppliers are sharing, take time to investigate the following: <[Read More](https://www.supplytechnologies.com/blog/how-custom-is-your-custom-vmi-program-what-you-dont-know-could-cost-you-part-1) 0 Comments [Click here to read/write comments](https://www.supplytechnologies.com/blog/how-custom-is-your-custom-vmi-program-what-you-dont-know-could-cost-you-part-1#comments) [All posts](https://www.supplytechnologies.com/blog/all) ### Subscribe to Email Updates ### Recent Posts ### Posts by Topic - [Supply Chain, (5)](https://www.supplytechnologies.com/blog/topic/supply-chain) - [Custom VMI Program, (4)](https://www.supplytechnologies.com/blog/topic/custom-vmi-program) - [VMI Program (2)](https://www.supplytechnologies.com/blog/topic/vmi-program) - [lean (2)](https://www.supplytechnologies.com/blog/topic/lean) - [Acquisition (1)](https://www.supplytechnologies.com/blog/topic/acquisition) - [Apollo Aerospace Components (1)](https://www.supplytechnologies.com/blog/topic/apollo-aerospace-components) - [Data Discipline (1)](https://www.supplytechnologies.com/blog/topic/data-discipline) - [Data Governance (1)](https://www.supplytechnologies.com/blog/topic/data-governance) - [Data Integrity, (1)](https://www.supplytechnologies.com/blog/topic/data-integrity) - [Engineering Efficiencies (1)](https://www.supplytechnologies.com/blog/topic/engineering-efficiencies) - [Hydrogen embrittlement (1)](https://www.supplytechnologies.com/blog/topic/hydrogen-embrittlement) - [Impact of the US West Coast Port Disruptions (1)](https://www.supplytechnologies.com/blog/topic/impact-of-the-us-west-coast-port-disruptions) - [Supplier Collaboration (1)](https://www.supplytechnologies.com/blog/topic/supplier-collaboration) - [Supply Chain Information Flow (1)](https://www.supplytechnologies.com/blog/topic/supply-chain-information-flow) - [Supply Chain Risk Mitigation Strategies (1)](https://www.supplytechnologies.com/blog/topic/supply-chain-risk-mitigation-strategies) - [Supply Technologies (1)](https://www.supplytechnologies.com/blog/topic/supply-technologies) - [Total Cost of Ownership (1)](https://www.supplytechnologies.com/blog/topic/total-cost-of-ownership) - [demand planning (1)](https://www.supplytechnologies.com/blog/topic/demand-planning) - [failing parts due to hydrogen embrittlement (1)](https://www.supplytechnologies.com/blog/topic/failing-parts-due-to-hydrogen-embrittlement) - [risk management with mechanical fasteners (1)](https://www.supplytechnologies.com/blog/topic/risk-management-with-mechanical-fasteners) - [statistical analysis (1)](https://www.supplytechnologies.com/blog/topic/statistical-analysis) [see all](https://www.supplytechnologies.com/blog/author/seth-swanner-vp-sales-and-marketing#) ### Follow Me Supply Technologies and Total Supply Management are trademarks of Supply Technologies LLC. 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