Vendor Managed Inventory
Are you still using email and phone for Vendor Managed Inventory? Do you find that VMI is simply not scalable?
VMI is a great way to make Procurement leaner and reduce costs. But if you use manual processes and fail to optimize VMI, you can’t scale and get the most out of it.
Introducing Intelligent Vendor Managed Inventory
POOL4TOOL Vendor Managed Inventory is the ideal solution for getting the most out of VMI. It relays information in real time, so that you and your suppliers always stay current. Make your VMI more efficient than ever before with automatic alerts and notifications. So you can expand it to more stock and reap even more benefits.
You can communicate your plans and forecasting over a secure system. In addition, you can secure stock by defining minimum and maximum thresholds. Your supplier receives an alert when target limits are not met, so that you never risk an outage or overstock again. The supplier simulation tool also helps suppliers see what impact different stock levels will have. They can plan better and more efficiently, passing the savings onto you.
Discover These Powerful Features
- Seamless ERP integration
- Simulation tools and actionable insights
- Alert mechanisms when thresholds are breached
- EDI and web EDI integration
- Stock-level reports
- Integrated demand simulation
- Rapid onboarding of VMI suppliers
Download the factsheet to learn more about VMI.