1 / 11

Leveraging Vendor Managed Inventory for Improved Supply Chain Efficiency

This slide deck explains the benefits of Vendor Managed Inventory (VMI) in reducing supply chain costs, improving sales, and increasing customer satisfaction through better information sharing. It highlights the need for collaboration between suppliers and distributors, emphasizing the importance of leveraging data for effective resource planning.

lisat
Download Presentation

Leveraging Vendor Managed Inventory for Improved Supply Chain Efficiency

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How to Use this Slide Deck Personalization Any time the word “supplier” is used, think about adding your company name/logo Personalize your goals/statistics for the program in slides with a green border, then delete the border

  2. Date Vendor Managed Inventory Subtitle Edit Template

  3. Vendor Managed Inventory Leveraging Greater Information Sharing to Reduce Supply Chain Costs, Improve Sales, and Increase Customer Satisfaction Vendor Managed Inventory is the process where the supplier generates orders based on mutually agreed objectives and demand information sent by the customer.

  4. Executive Summary • The internet has made sharing data easier, increasing the flow of data within and between organizations • Effective supply chains leverage information from as much of the chain as possible • Sellers need to be more closely aligned with distributors, creating a seamless buying process • There is an opportunity to turn Supply Chain into a revenue driver rather than a cost center • TrueCommerce Datalliance VMI provides a dramatic ROI: many benefits, low risk, modest investment Distributor Quote

  5. The Problem • The distributor and supplier have different sets of information • Both spend time and money trying to predict what the other will do SALES PROMOTION PUTAWAY LEADTIME DISTRIBUTOR SUPPLIER PACKAGE SIZES EVENTS INVENTORY ITEM NUMBERS

  6. The Solution • Communicate between supplier and distributor to create better orders and smoother demand pattern • Tighten relationships and align business goals • Increase visibility throughout supply chain to enable better resource planning • Use cloud-based solution to eliminate hardware costs SUPPLIER DISTRIBUTOR

  7. Increase Customer Satisfaction • Both immediate and end customer • Reduces distributor effort to order, the right product shows up on time • Increases brand loyalty, ease of ordering is a differentiating factor • Products on shelf more often for end customer

  8. Datalliance Customer Analysis Productivity Reworked Orders 88%

  9. Enter your metrics then delete this bar The Value of Collaboration Source: actual data from software vendor • Using more data allows for a higher in stock percentage • Greater customer service encourages Distributor to stock more items • These factor combine to increase sales

  10. Leveraging Expansion • The Datalliance fee structure means program expansion decreases costs for each Distributor

  11. Adjust this slide for your situation and then delete this bar Program Expansion Benefits • Increased collaboration with key Distributors • Smoother, more predictable demand pattern • Fewer reworked orders • Better customer service • Increased brand loyalty • Improved downstream visibility • Free sales force time for selling • Amortize fixed costs across greater Distributor base • Turn supply chain into a revenue driver

More Related