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
On-Demand 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.
White Paper: Demand Sensing
How to use a highly accurate forecast of near-term demand to drive up perfect orders while using much less inventory.
White Paper: 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.
Solution: Intelligent Demand
ONE Platform is an application Platform-as-a-Service (aPaaS) and is designed for multi-party network ecosystems from the ground up. ONE Platform development tools enable rapid development of innovative, supportable, Software-as-as-Service (SaaS) applications for business networks. Shorten your software development lifecycle using our aPaaS.
Intelligent Demand helps customers create a highly accurate estimation of future customer orders, resulting in the achievement of 30-45% reduction in days of supply inventory and greater than 99% store in stocks.