Virtual Inventory Program (VIP)
Spectrum Semiconductor Materials, Inc. is proud to offer the Virtual Inventory Program.
Advantages of VIP:
Overview of Program:
- Reduce Purchasing costs and Lead Times
- Minimize costs associated with carrying inventory
- Guarantee availability and price points on a Just-In-Time (JIT) basis for both quick-turn and on-going production runs
- Foster a strategic partnership
To learn more about our Virtual Inventory Program, contact your sales representative today or email us at firstname.lastname@example.org
- Customer places Blanket Purchase Order (BPO);
- Blanket Purchase Order locks in unit price for quantity specified on BPO;
- Parts shipped on the dates and quantities as specified on BPO or on a will-call basis;
- Spectrum guarantees a Minimum Stock Level (MSL) over the life of the BPO;
- Customer is invoiced when parts ship;
- Customer commits to taking delivery on at least the MSL or 80% of the value of the BPO depending on the nature of the parts;
- Spectrum will supply "Stock Status Reports" as required by customer.