If you’re like most suppliers, you sell merchandise to many different retailers. With each retailer having its own set of requirements and varying levels of consumer demand, it can be difficult to keep track of it all.
That’s where Park City Group’s Vendor Managed Inventory (VMI) can help.
Our VMI inventory application can help your business manage its complex inventory requirements and gain insight into consumer driven demand. You’ll be able to understand the specific requirements of each business partner and automatically generate orders and replenish inventory. By setting inventory policy at the retailer’s location, you’ll be able to monitor ongoing inventory levels, determine which items need to be replenished and how to ship them cost effectively.
With Vendor Managed Inventory, your business will experience fewer stock-outs, increase inventory turns, reduce lead times and improve trading relationships. Our VMI supply chain clients experience increased levels of customer service from their trading partners and are more effective at building long-term relationships.
We also offer VMI advisory services from analysts who are masters of VMI best practices. By outsourcing your VMI advisory practice, you won’t have to invest time or money in training internal resources to do the job. The result is faster implementation and a rapid ROI for companies that don’t have the technical knowledge required to successfully implement and manage a vendor managed inventory system.
Contact Us to get started!