Inventory Optimisation
Vendor Managed Inventory
Vendor Managed Inventory: Give Your Partner the Keys to Your Data
Manhattan Associates' Inventory Optimisation suite includes the Vendor Managed Inventory and Collaboration Gateway solutions. These solutions provide the means to build closer relationships with your key trading partners at many levels.
Vendor Managed Inventory allows suppliers access to your inventory data so that they can manage product shipments and improve in-stock performance. By sharing the same demand data, you and your suppliers are taking a major step toward optimising inventory levels at all locations.
In addition to helping you and your suppliers to forecast inventory levels, Vendor Managed Inventory delivers a host of performance reports. It will even alert you when financial targets are missed.
Everyone Benefits!
Suppliers gain keen insights into upcoming demand from your company. With reduced lead times, they can stay a step ahead in their production planning.
Wholesalers can provide better service with less inventory, increase their sales margins and enhance customer loyalty.
Retailers can expect reduced inventory levels, lower cost of goods sold, improved in-stock performance, increased sales and lower replenishment costs.
Your customers appreciate knowing that whatever they want, whenever they want it, you're likely to have it in stock.
And you reap multiple benefits:
- Reduced lead times mean lower inventory with fewer turns—and fewer supply interruptions, backorders and costly rush shipments.
- With vendors tuned in to your distribution network, internal and external customers will perceive your company as being attentive and responsive to their needs.
- Your partners will appreciate your trust and your commitment to encouraging mutual successes.
- By striving to streamline your customer service and facilitate easy product ordering, your partners are serving as a free sales force!
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Explore the Inventory Optimization process - click the diagram below for an interactive approach to understanding Manhattan's solution.
Contact Information: To learn more about Manhattan Associates' supply chain solutions, simply complete the information request form, and we will contact you. For telephone inquiries, call +61 2 9454 5400.