Benefits of Vendor Managed Inventory

Discover Benefits & Reduce Inventory Costs With VMI

If you supply multiple vendors, Vendor Managed Inventory (VMI) can help you reduce your inventory levels and mange relationships with trading partners. By gaining insight into your supply chain, you can reduce inventory turns and out-of-stocks.

Is VMI right for your business? Ask yourself the following:

  • Are your trading partners concerned about their inventory levels? Are they worried about inventory turns and stock-outs?
  • Are your trading partners trying to reduce the costs associated with buying, invoicing and tracking goods? Are they pressuring you to take over replenishment activities?
  • Is your business plagued with poor customer forecasts or surprise orders?
  • Are your service levels declining?

Our software application can help streamline your business and reduce inventory, lead times, and out-of-stocks. Using our VMI software, you’ll not only be able to meet the needs of your trading partners, you’ll exceed them.

By having Park City Group manage your inventory, you’ll be able to run your business without having to constantly worry about how to reduce your inventory. This means that your staff can attend to other important business initiatives knowing that your trading partners have everything they need.

In addition to reducing returns and inventory costs, our VMI software will give you a competitive advantage by giving you visibility throughout your supply chain.

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