Supply Chain Management

Vendor Managed Inventory (VMI)

Inventory ManagementOur web-based Order Management Console facilitates replenishment orders, inventory management, demand visibility, and vendor managed inventory (VMI). These applications can be used either by your company, to manage your customers' inventories, or made accessible to your suppliers. Supply Chain Connect's Order Management Console provides visibility to both on-hand and in-transit inventory. Lead-time adjusted inventory is displayed and overlaid with planned consumption, so you have the ability to balance demand with on-hand and available supply in a single solution. Enjoy certainty in your supply chain based upon accurate and timely data, and the ability to share automate the end-to-end supply chain process, regardless of the number of partners involved.
 

Key Features

  • View inventory in aggregate product/location
  • Drill down capability to view inventory by container (silo, tank, bin, drum, pallet, etc.)
  • View inventory by truck/railcar, or in aggregate in transit
  • View demand forecasts (short-term, long-term)
  • View forecasted inventory levels based on current inventory, customer demand forecast, and in transit shipments.
  • Support of various target levels - min, max, target, re-order point, and user-defined automatic alerting (email, SMS, pager)
  • Support of consignment inventory
  • Flexible, user-driven reporting
  • Excel-like screens which support sorting, moving columns, easy export, cut-and-paste functionality
  • Visibility
  • Visibility down to the item, SKU, or unique serial number
  • Integrated workflow to increase automation of business processes
  • Multiple customer views or single site views

The VMI screens of the Order Management Console enables you to meet the challenges you face:

Challenge Supply Chain Connect Capability
Lack of visibility of inventory and planned consumption Shares supply information in real-time throughout the extended supply chain
Costly stock outs or expedited orders Provides automatic alerts based on user-specified criteria: reorder point, max, min, and target levels
Labor-intensive planning and inventory management processes Real-time inventory levels communicated to all parties, viewable from web-based application
Variety of disparate inventory systems and reporting procedures Ability to interface with almost any system, and read/translate any electronic data format
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