If you haven't looked at vendor-managed inventory applications in your supply chain, you may be missing an important competitive opportunity, especially if you're a retailer managing multiple vendor-product streams or a manufacturer managing various raw materials for the production process.

   
  • Visibility to the Distributors Point of Sale data makes forecasting easier.
  • Promotions can be more easily incorporated into the inventory plan.
  • A reduction in Distributor ordering errors.
  • Visibility to Stock Levels helps to identify priorities.
  • Data entry errors are reduced due to computer to computer communications.
  • Both parties are interested in giving better service to the end customer.
  • A true partnership is formed between the Manufacturer and the Distributor.
  • Stabilize the timing of Purchase Orders - PO's are now generated on a predefined basis.