VMI Inventory Management

Networked collaborative processes offer flexibility, low startup costs, rapid adoption and high vendor participation

Vendor Managed Inventory and
Co-Managed Inventory

Collaborative inventory management strategies such as VMI and CMI often fail to deliver the intended benefits. They have increased physical lead times, inventory levels and operational expenses in order to maintain service levels. Lack of trust among partners and a mentality of “you ordered it, you own it” prevail.

Vendor relationships are unique and constantly changing. They demand adaptable business processes, real-time communication, and rapid low-cost systems integration. Collaborative inventory management programs with rigid buying and replenishment processes often suffer from high startup costs, slow vendor on-boarding, and low vendor participation.

Collaborative Replenishment

One Network collaborative replenishment offers system-wide visibility into demand, orders, inventory, and shipments. It enables adaptable replenishment processes, where vendors understand real-time demand for their products, and automatically execute orders and shipments to replenish inventory exactly as needed.

It allows retailers, wholesalers and distributors to monitor vendor orders and execution activities, to manage exceptions and alerts as soon as they occur, and proactively resolve supply issues.

Collaborative Replenishment Capabilities

Improved revenues, inventory availability, and customer service levels from coordinated match of supply with real-time demand.
Improved responsiveness to demand changes with shorter lead times from end-to-end visibility into status of orders, inventory, and shipments.
Reduced system-wide inventory from nimble reaction to demand variability and rapid resolution of supply variability.
Lower operational costs from process automation that enables management by exception, combining visibility with proactive issue resolution capabilities.
Improved program participation from configurable and adaptable process workflows that accommodate unique vendor relationships and collaborative replenishment processes.
Lower total cost of ownership than other available systems, enabling rapid benefit realization and increased return on invested capital.

Get on the One Network

One Network connects all supply partners on a shared network with many-to-many connectivity. Join us and get immediate access to a global community – currently over a thousand manufacturers, retailers, carriers and equipment service providers already on board. Contact One Network today.