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.
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CPFR: Considering the Options, Advantages and Pitfalls
Supply & Demand Chain Executive
Collaborative Planning, Forecasting and Replenishment (CPFR) is an evolving business practice that seeks to reduce supply chain costs by promoting greater integration, visibility and cooperation between trading partners' supply chains. The term trading partner can be applied to almost any combination of suppliers, manufacturers, distributors or retailers. CPFR itself is an outgrowth of earlier collaboration efforts like JIT (just in time), VMI (vendor managed inventory) and others.
Supply Chain Software: AMR Research Remains Bullish on Supply Chain Software Spend
Supply Chain Digest
For deployment of new technology, “Applications, technologies and services that facilitate collaboration, not only with external trading partners but those within the boundaries of the enterprise, lead the list for net new functionality that enterprises will adopt over the next year,” according to AMR researchers John Fontanella and Eric Klein. “Vendor managed inventory (VMI) and collaborative forecasting top the list,” there, they add.
Demand-driven customer relationships
IBM.com, By Adam J. Fein, Ph.D.
A key aspect of demand-driven channels involves allowing upstream suppliers to access sales and product movement as close to the end customer as possible. In our new research study Facing the Forces of Change®: Lead the Way in the Supply Chain, we found that a demand-driven supply chain philosophy is taking root in the relationships between wholesaler-distributors and their customers. Distributors can take advantage of the demand-driven trend to build better forecasts, improve warehouse efficiency, and remain a preferred route to market for suppliers and customers.
SupplyNet's Wireless Telemetry Device for Vendor Managed Inventory ...
PR Web - Ferndale,WA,USA
SupplyNet solutions are used by suppliers of bulk materials such as Cargill and BASF to extend Vendor Managed Inventory (VMI) services to their customers.
Datalliance Continues Leadership Role in Electrical Industry
istockAnalyst.com - Salem,OR,USA
Eaton, Kidde, Lithonia Lighting, Ortronics, and TayMac select Datalliance for Vendor Managed Inventory and Related Collaborative Applications
Datalliance Now Being Used by 18 Leading Electrical Suppliers
SAP to Release Next-Generation Supply Chain Management Solution to Drive Transformation of Global Business Networks
“Managing relationships with geographically dispersed customers, suppliers and partners has resulted in a need for increased levels of adaptability, collaboration and visibility when dealing with supply chain solutions,” said Andrew White, research vice president, Gartner. “As companies expand their operations globally and outsource production, they are faced with the challenge of maintaining timely and accurate supply chain data, responding to shifting customer demand, and reducing costs to remain competitive. The more that these companies can optimize their supply chain software solutions to better collaborate with the various parties involved, the better positioned they are for long-term success.”
Five Best Practices For Leveraging Demand Data To Drive Supply Chain Decisions And Optimize Business Performance
Retail Solutions Online
For manufacturers and distributors serving the retail market today, a consumer-driven, adaptable supply chain is just as important to gaining competitive advantage as making quality products. According to David Johnston, JDA Software's senior vice president, supply chain and wholesale distribution, manufacturers and distributors must understand the true drivers of demand by customer and by market to leverage the power of the supply chain to quickly deliver the right products to the consumer with the least amount of incurred costs as possible.
Champion Laboratories Selects Datalliance for Automotive/Heavy-Duty VMI Solution
Business Wire - San Francisco,CA,USA
Scott Simmonds, Director of Luber-finer sales, stated, “Several of our key customers recommended that we consider vendor managed inventory as they have realized significant value from VMI programs. We see VMI as an excellent tool to help us get even closer to our largest customers and improve upon our industry leading service standards. After evaluating a wide range of VMI options, we selected Datalliance as they are the clear leaders in VMI for the automotive and heavy-duty industries. Their Software-as-a-Service model will allow us to get up and running in the shortest amount of time.”