VENDER MANAGED INVENTORYWith the rise of omnichannel shopping, consumers have higher expectations for product availability across online & physical channels.

E2E SOURCING

Stay competitive with lean, demand-driven inventory management. Designed to streamline inventory management and order fulfilment, our VMI solution is centred around automated data flows and configurable settings that allows you to

  • Build better forecasts
  • Optimize shipments
  • Improve in-stock rates
  • Real-time response to demand swings
  • Better visibility into product movements
  • Improve order accuracy
  • Faster inventory turns
  • Minimise safety stock
  • Increased sales
  • Protect against supply chain bullwhip effect
  • Reduce planning and ordering cost
  • Focus on better customer service
  • Diminish stock-outs
  • Increase product mix

How it works

  1. Zoglix works with the customer (retailer/manufacturer) on following deliverables:
    • Inventory turnover
    • Min/max shelf presence for different products/product lines
    • Fill rates and in-stock percentages
    • Replenishment Frequencies
    • Transaction costs
  2. Our VMI system receives data (called a Product Activity Report) from a distribution partner. This report contains data on sales, product transfers and inventory positions (on hand, on order, in transit).
  3. VMI platform reviews the data and sends a recommended inventory replenishment order based on key factors and agreed objectives.
  4. Customer reviews and approves the recommendations.
  5. VMI platform then sends a purchase order (PO) to the supplier and a PO acknowledgement to the distribution partner in an electronic data interchange (EDI) format.
  6. Zoglix ships goods to the customer warehouse

Explore our VMI models for retailers & manufacturers

Quick and effective onboarding with Proven, documented approach

Configurable application features allow customised VMI system to meet the demands

Lower IT workload due to internal implementation help

Simple addition of partners to the VMI programme with ongoing support.

Tools for data collection, creating replenishment orders, and analysis to simplify the inventory management process

Time-saving data filtering and reasonableness tests that let you manage by exclusion

Monitoring of data feeds automatically to cut out on delays caused by data transport issues. Direct interface with ERP platforms like SAP, NetSuite, Microsoft Dynamics, and others