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Vendor Managed Inventory: Advantages for retailers and suppliers
Role reversal in warehouse management: the supplier takes over responsibility for inventory management and replenishment of the customer's warehouse. Find out what advantages this has for both sides in our free whitepaper.
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In the free whitepaper you will receive...
- an overview of the benefits of vendor managed inventory,
- practical assistance,
- a checklist,
- a practical application example.
What is VMI?
The introduction of Vendor Managed Inventory (VMI) leads to a role reversal in warehouse management: The wholesaler transfers responsibility for replenishment planning and inventory to his supplier. In this process, supply planning is based on actual demand. Instead of reacting to orders from the retailer, the supplier initiates, coordinates and manages deliveries independently. VMI thus creates high availability and low inventory levels at the same time.
Viega: Greater customer proximity and higher service levels thanks to VMI
Installation specialist Viega has been using LOGOMATE VMI for over 15 years. To do this, the software accesses the ERP system in the warehouses of its 257 customers, providing Viega with the information it needs about inventory and demand data. Sales planning and inventory management are thus Viega's responsibility, which ensures greater efficiency in production, improves the response to fluctuations in demand and increases the level of service.