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OMS Modules: Vendor Managed Inventory

Collaborative Inventory Management

The Vendor Managed Inventory (VMI) Module in OMS offers a streamlined approach to inventory management and order fulfillment that links a supplier directly to a buyer’s demand. This allows vendors to generate replenishment orders on the buyer’s behalf based on demand data.

Benefits of OMS Vendor Managed Inventory

  • Extends visibility into demand projections to both buyers and suppliers, giving vendors greater ability to forecast their own demand and sales.
  • Reduces time spent creating orders while maintaining buyers’ ability to review and approve POs.
  • The 2017 Datalliance Forum conducted an inter-industrial study that examined best practices for supply chains and found that, on average, after their first year using VMI programs, participating companies saw:
    • 24% reduction in out-of-stocks
    • 22% increase in inventory turns
    • 25% increase in items carried
    • 22% increase in sales

To watch a quick Demo of our OMS Crossdock Module, click here.

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OrderMaestro For Operators
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OMS Modules: Crossdock
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