Fall Newsletter 2008
The use of VMI has gained acceptance in many industries. What was once thought of as an experiment, has now become the preferred way of doing business.
This newsletter keeps you informed on the increasing growth of Vendor Managed Inventory. The recent news articles and press releases found within explore the innovation that is becoming the standard throughout the business world.
As always, we welcome input on topics for future editions of this newsletter. Please feel free to contact us at vmi@vendormanagedinventory.com with your ideas and suggestions. If you would like to advertise in VendorManagedInventory.com or in the next edition of this newsletter please click here. We hope you enjoy the newsletter!
Articles
Seven Reasons Why a Hosted Inventory Management Solution Might Be Right For Your Organization
Silusa
Upgrading. Downtime. Maintenance. Hardware obsolescence. Implementation issues. The litany of headaches related to the implementation and on-going care-and-feeding of enterprise based applications is enough make the savviest of companies want to engage in anything but another software implementation.
So, the top seven reasons why a hosted inventory management solution might be right for your organization?
http://silusas.org/archives/2008/09/09/seven-reasons-why-a-hosted-inventory-management-solution-might-be-right-for-your-organization/
Lithonia Lighting Selects Datalliance Vendor Managed Inventory
NEMA – The Association of Electrical and Medical Imaging Equipment Manufacturers
Lithonia Lighting has identified VMI as strategic technology. “VMI will give us better visibility of actual product sales for each distributor,” said Amra Boucher, manager e-business services, Lithonia Lighting. “This detailed sales information will help us evaluate and fine tune our product offering to determine the most profitable mix of products for individual distributors. In addition to increasing sales for both Lithonia and our distributors, we expect that our distributors will benefit from VMI by decreasing inventory levels, increasing turns, and reducing stockout situations.”
http://www.nema.org/media/ind/20080908a.cfm?from=RSS
Majestic Keeping Pace After Sale
Sports Business Journal (subscription) - Charlotte, NC, USA
Areas like supply chain management and Vendor Managed Inventory under which retailer and vendor share data to remove cost and time from delivery — yielding quicker turns for stores and faster service and replenishment on the retail floor.
http://www.sportsbusinessjournal.com/article/60312
Ten Ways to Reduce Inventory Costs
The Supply chain Lab
7. Use technology. Use technology such as Vendor-managed Inventory (VMI) to increase visibility. Information replaces inventory.
http://thesupplychainlab.wordpress.com/2008/10/21/10-ways-to-reduce-inventory-cost/
WIKA Instrument Corporation, Pressure & Temperature Measurement Instrumentation Leader, Selects Datalliance Vendor Managed Inventory Service
Water Online
WIKA Instrument Corporation (WIKA), a leading supplier of industrial pressure and temperature instrumentation, announced that it has selected a vendor managed inventory (VMI) service from Datalliance, the leading independent provider of ...
http://www.wateronline.com/article.mvc/WIKA-Instrument-Corporation-Pressure-0001?atc~c=771+s=773+r=001+l=a&VNETCOOKIE=NO
3 Keys to Forging an Unbreakable Supply Chain
Procurement Alert
One of the best ways to beef up your ability to nimbly respond to rapidly changing requests is to collaborate with key vendors to establish Vendor Managed Inventory (VMI).
http://www.procurementalert.com/3-keys-to-forging-an-unbreakable-supply-chain/
5 Ways Business Intelligence Can Enhance Inventory Management
Business Intelligence Network
BI-based vendor managed inventory systems (VMI) co-opt vendors into taking responsibility for properly managing inventory levels at distribution centers and stores, resulting in exponential value for both the retailer and vendors alike.
http://www.b-eye-network.com/view/8599
Datalliance Leads Session on Financial Benefits of VMI for ...
MarketWatch - USA
Datalliance is the leading independent provider of Vendor Managed Inventory (VMI) and other e-commerce services. "VMI is more widely accepted in the ...
http://www.marketwatch.com/news/story/datalliance-leads-session-financial-benefits/story.aspx?guid=%7BBF01AC07-F8E6-4123-A0AE-3EB2801B1285%7D&dist=hppr
4-M Precision stamps out VMI plan in new location Hornell home ...
The Central New York Business Journal - Syracuse, NY, USA
4-M Precision Stamping has a large transportation client in Hornell that needed daily deliveries, so the firm believed a vendor-managed inventory production ...
http://www.cnybj.com/index.php?id=396&tx_ttnews%5Btt_news%5D=9163&tx_ttnews%5BbackPid%5D=1&cHash=c23a772bc6
Visibility Plays a Key Role in Building a Responsive Supply Chain, Finds a New Research Study by Aberdeen
iStockAnalyst
Visibility-empowered supply chain managers can be more flexible in performing the necessary 'agility actions' -- such as shipment re-routing due to demand changes or infrastructure disruptions, expedited shipping of late shipments, cross-docking and distribution center by-pass strategies, Vendor Managed Inventory programs and more," said Viktoriya Sadlovska, research analyst, Aberdeen.
https://www.istockanalyst.com/article/viewiStockNews/articleid/2694873
MSC Industrial Direct Co., Inc. Announces Strategic Partnership ...
ThomasNet Industrial News Room (press release) - New York, NY, USA
JGR currently uses MSC's exclusive Vendor Managed Inventory System (VMI) to reduce inventory levels and to ensure that they have the necessary products and ...
http://news.thomasnet.com/companystory/549941
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