VMI Solution

20478a-Inventory-management-vmi-01

Expedite order forecasting, optimise shipments and improve in-stock rates

Vendor Managed Inventory (VMI) improves the traditional ordering process by providing a streamlined, supplier led approach to inventory management and order fulfilment. VMI enables businesses to form a collaborative approach to enhance relationships between vendors and buyers by adding transparency and intelligence to the process.

The synchronisation of stock data between you and your supply chain partner allows the consumption of stock and subsequent deliveries to be intelligently forecast by the application, resulting in optimal stock movement and levels at depots.

Increase Sales by 17%

TrueCommerce’s Vendor Managed Inventory (VMI) solution allows businesses to increase their shelf availability by 17% by ensuring the right products are in the right place at the right time. This increase directly impacts product sales which benefit from having maximum exposure to the market.

Key Features of VMI

  • Increase turns, reducing working capital requirements
  • Reduce returns
  • Replenishment Order Generation
  • Order Point & Quantity Calculations
  • Data Filtering & Reasonableness Checks
  • Reduce returned goods by 15%
  • Reduce Logistics costs by 16%
  • Gain greater efficiencies with accurate metrics

VIEW DATASHEET

Quick & easy setup and management

The TrueCommerce Vendor Managed Inventory (VMI) solution is deployed in the cloud using a SaaS model. This enables suppliers and their distribution partners to establish an effective VMI process quickly and easily with no additional IT equipment or staff. There are also no upfront or hidden costs, just one simple annual fee.