How this work?
Buyer and sukiko will identify which products and materials to be included in VMI.
Buyer and sukiko will agree on pricing and delivery schedules . (deliver schedules will be based on PMS( Preventive Maintenance Schedule , PS( Production Schedule), ES (emergency requirements ).
Buyer send blanket PO for whole year requirements .
Sukiko will deliver on time when buyer’s need arises ( based on given PMS or PS) .
Buyer will pay the delivered item after the consumation of approved credit line.