Vendor Managed Inventory

 

Coordinate Consumption and Replenishment for Improved Service with Lower Inventory

The Real Time Value Network’s™ VMI/ Consignment service means a successful and well-executed VMI program. By coordinating consumption and replenishment cycles, it assures a high level of product availability while maintaining inventory levels far below the industry average.

It provides real time visibility of inventory and orders (including inventory  in-transit) at all or some of your sites, including 3PL hubs, suppliers, and  stores. Furthermore, it  automatically generates alerts when inventory violations occur against replenishment policies. The result is a VMI  or consignment program that enables true consumption-based replenishment in an environment where all trading partners can easily connect and coordinate with each other.


  We knew we needed to find a way to deliver more value to our customers and trading partners while reducing inventory and operations costs. We’ve chosen One Network because of its unique and highly innovative technology.  

- Global Director, Materials & Logistics, Dana


Vendor Managed Inventory at a Glance

  • Real time visibility of inventory and orders
  • Planning and execution processes synchronized across all trading partners and tiers
  • High level of product availability with minimal inventory levels

Intelligent Demand Resources

Webinar: Demand Sensing Revolution

An inside look at how a major consumer products company is using demand sensing at one of the world's biggest retailers.

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Demand Sensing

How to use a highly accurate forecast of near-term demand to drive up perfect orders while using much less inventory.

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Is Your Supply Network Really Shelf-Connected?

A handy "Shelf-Connected" Checklist, and a white paper explaining a powerful, new approach to forecasting, replenishment, collaboration, and S&OP.

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Intelligent Demand

Achieve 30-45% reduction in days of supply inventory and greater than 99% store in stocks. Intelligent Demand uses a single integrated forecast that is enhanced and updated daily based on consumer sales. Benefits include reduced inventory (cost and days of supply), increased on-shelf availability, increased sales, and lower transportation and labor costs.

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