Vendor Managed Inventory (VMI) Solutions

Optimize Supply Chain Relationships Like Never Before

Having the right products in the right place at the right time is crucial to your brand’s success. But delivering that inventory promise is easier said than done. To deliver a competitive purchasing experience, supply chain partners need to work together in new ways.

Vendor managed inventory (VMI) offers management tools that enable trading partners to easily share inventory data, creating a demand-driven supply chain. Using VMI, you can expedite order forecasting, optimize shipments and improve in-stock rates, all while avoiding the bullwhip effect.

TrueCommerce’s VMI solution can support any replenishment model and scale to any number of locations. In-house implementation reduces setup time and costs for quicker ROI. At the same time, cloud-based vendor managed inventory software keeps ongoing costs predictable and affordable. Here’s why we’re trusted by more than 20,000 locations, managing over 25 million SKUs and $50 billion in sales.

Benefits of VMI Solutions from TrueCommerce

By sharing inventory levels, VMI helps increase visibility and trust among suppliers, retailers, distributors, wholesalers, and 3PLs. In a study of 156 distribution locations using VMI software, participants saw results like these:
 

VMI Software Features

Advanced Demand Forecasting

Choose from three ways to process demand information and create accurate, flexible inventory forecasts:

• External Demand Signals
• Sales Profiler
• Future Forecasting

Demand Forecasting Models
for the Future Using Retailer Data
 

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Automated Planner

Do more with less by automatically launching purchase orders based on real-time demand data.

 

 

VMI Data Cubes

Aggregate inventory system data from replenishment orders and integrate it with PowerBI and other analytics platforms.

 

 

 

Item Stratification

Easily can create inventory stocking rules based on an item’s importance, profitability, or ordering requirements.

 

 

Available to Promise/Allocation

Optimize stock levels across locations without overselling to maximize performance even when product availability is low.

 

 

Phase-In/Phase-Out

Automatically manage products that replace other items temporarily or permanently.

 

 

 

Truck Building

Increase your vehicle fill rate to lower your company’s carbon footprint, shipping costs, and total number of shipments.

Alternate Ship-From

Fulfill orders from a secondary location based on order sizes or special conditions.