Vendor Managed Inventory (VMI)
  
                      Vendor Managed Inventory

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"SCP allows us to manage customer requirements quickly. It
gives us visibility over customer forecasts resulting in improved service and cost reductions in the areas of production, inventory and shipping. We are able to quickly achieve our
VMI goals and implement SCM with key clients with very different requirements."
Vendor Managed Inventory (VMI)
- Ernie Kale, Supply Chain Management
Fortune 500 supplier to the world's leading consumer product companies

JMS offers free custom demos of SCP.  Send us your data and see how SCP benefits your business.

SCP 4.0 for Vendor Managed Inventory (VMI)                            Super Charge Your Sales

Definition: The purpose of Vendor Managed Inventory partnership programs is to electronically share information between members of the supply chain resulting in shorter lead times, reduced inventory, reduced obsolescence, and more efficient manufacturing. The up-stream member of the supply chain (the supplier) takes on more decision making for what to supply to the customer. The result is a more leveraged relationship for the supplier and improved service for the customer.  For more information, view the JMS Guide to Successful VMI Relationships or visit our VMI Overview page.

Managing the VMI process requires a good planning engine that includes flexible integration capabilities.

Vendor Managed Inventory (VMI)

View the JMS Guide to Successful VMI Relationships





VMI, SMI (supplier managed inventory), or CPFR (collaborative planning, forecasting and replenishment); The problem is always the same. Customers and suppliers manage and share their electronic information in dozens of ways and formats. A supplier needing to establish a Vendor Managed Inventory VMI partnership relationship with multiple clients can expect to receive customer data as a combination of Excel files, ASCII files, EDI, XML, exported reports, and more. To complicate the matter further, this data can be transmitted over email, FTP, web portal, EDI VAN, and private or public exchange networks.

The SCP built-in Data Mapping functionality automates
Vendor Managed Inventory VMI communication with any electronic data source from something as simple as an Excel spreadsheet, to retrieving data from the Internet... even to the extent of automatically locating emails in an inbox, detaching and unzipping (if necessary) the required attachment, and processing the information. And it doesn't stop there. SCP is also capable of automatically communicating data and reports back to clients who are anxious to know how much inventory is being held at their suppliers and what shipments they can expect.

 

Quick, flexible integration capabilities are crucial to
successful Vendor Managed Inventory (VMI) relationships

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