Month: April 2017

Vendor managed inventory, or VMI, is an inventory agreement where the buyer purchases a certain amount of product from a supplier, and keeps the inventory on-hand. The management of the inventory and purchase orders is controlled by the vendor, refilling/restocking as necessary, whether it’s on a weekly, bi-weekly or customized schedule. Products can range from small items …

April’s Product Spotlight: Parker’s SensoNODE The MFCP product of the month is SensoNODE, a Parker Hannifin product. We’ll give you a rundown of what it is, how it works, and give you a look at some of the features. Ready? So, what is it exactly? SensoNODE is a powerful sensor used with a smartphone app to …