Arrow Asia Pac, an electronic component distributor, has signed a vendor-managed inventory agreement with Sichuan Changhong Electric, a China-based TV manufacturer. The company will provide VMI supply-chain service to Changhong’s manufacturing plants in Sichuan as well as Guangdong province in China.
Simon Yu, senior vice president of the North Asia region at Arrow Asia Pac, said: Arrow’s wide range of supply-chain services is designed to deliver a reduction in total costs, increased time to react to changing market demands and a greater level of visibility of supply-chain management. We are proud to be the first supplier to offer vendor-managed inventory (VMI) supply-chain service to Changhong.
Providing Changhong with instant access to an array of semiconductor and passive, electromechanical and connector products housed at the Mianyang Free Trade Zone in Sichuan province, Arrow’s VMI service will deliver secured supply and delayed inventory ownership without the need for unnecessary transportation and inventory build-ups.