Venn Corporation

Development Logistics Program

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Venn-Corp was retained to manage the inbound FF&E program for the new construction and/or retrofit of Costco’s 600-plus store and fuel depot development program. Venn-Corp manages the FF&E program from issuance of purchase orders, through warehousing the FF&E inventory, to the job site delivery, all of which is integrated with the program/project schedule.

Venn-Corp has established a flexible supply chain to manage all aspects of the in-bound logistics for Costco’s store development program, including: 
  • Arranged for transportation from suppliers and subcontractors to project sites or warehouse pursuant to Costco’s purchase order instructions issued to the vendor.
  • Program includes store development in all of North America, Asia and Australia.
  • Venn-Corp integrates all modes of transportation to realize the most cost-efficient logistics solutions.
  • Venn-Corp manages project-site warehouses and inventories.
  • Venn-Corp establishes local, project-site warehouses to manage the FF&E inventory during the project.
  • Venn-Corp manages the inventory and disposition of scrap FF&E removed from redeveloped stores.
  • Venn-Corp integrates project-site delivery schedules with contractor and installer construction schedules.
  • Venn-Corp manages communication with project site and vendors.
  • Venn-Corp prepares “just in time” site-delivery of FF&E packages and materials, limiting disruption.
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Venn-Corp has integrated the in-bound FF&E program with Costco’s purchasing and accounting systems, greatly limiting its investment in staff resources:
  • Venn-Corp receives Purchase Order data from Costco with respect to FF&E vendors’ product specifications, quantities ordered and productions and delivery dates.
  • Venn-Corp manages logistics related to the vendor PO until all quantities have been received at site.
  • Venn-Corp reports deviations from vendor production requirements to Costco for resolution.
  • Venn-Corp reports logistics costs with vendor and contractor costs through Costco’s accounting system.
  • Venn-Corp reports on vendor compliance of PO fulfillment through acceptance of project site.
  • Venn-Corp provides cost allocation for logistics spend to meet Costco’s accounting requirements.
   
Venn-Corp's value-add services have improved the Costco’s management of its store development spend, through tangible, measurable, cost-saving improvements:
  • Provided transparency and efficient management of $25 million dollars of logistics spend
  • Introduced store development logistics budgeting in support of Costco’s capital program
  • Developed a multi-vendor consolidation program to reduce line-haul and ocean transport cost
  • Eliminated costly vendor-audit program conducted by Costco related to vendor-controlled logistics
  • Reduced staff labor costs related to purchasing, transportation and project management activities

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Project & Construction Logistics
Capital Program Logistics
Equipment Installations
Freight Audit & Payment
Material & Equipment Roll-Out
FF&E Inventory Management
Freight Forwarding

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Copyright © 2017 | 950 N Washington Street Unit 238 Alexandria, VA 22314 | info@venn-corp.com | (833) 744-7443 
  • Home
  • About Us
    • Staff
    • Locations
    • Partners
  • Services
    • Project & Construction Logistics
    • Capital Program Logistics
    • Material and Equipment Roll-Out
    • FF&E Inventory Management
    • Equipment Installations
    • Freight Audit & Payment
    • Freight Forwarding
  • Benefits
    • Project Vendors/Suppliers
    • Project & Program Managers
    • Owners & Developers
  • Project Case Studies
    • Big Box Retail
    • Grocers
    • Hotel & Hospitality
  • Careers
  • Forms & Links
    • Carrier Contact Request Form
    • Claim Form
    • Warehouse
  • Contact Us