Collaborative Replenishment (VMI)
Improve supplier performance through collaboration
| Generix Supply Chain Hub : | Collaboration & Visibility |
|---|---|
| Supply Chain Execution |
Generix Collaborative Replenishment is Generix Group’s new collaborative supply management solution for vendor managed inventory (VMI). It incorporates more than 25 years of expertise developed in cooperation with our retail customers, fast-moving consumer goods (FMCG) companies, and third-party logistics (3PL) providers.
Generix Collaborative Replenishment is reinventing shared supply management, increasing user productivity and business performance, and leveraging new technologies such as cloud computing, predictive analytics, robotic process automation (RPA), and artificial intelligence (i.e., deep learning).
To succeed in the retail world, customers’ stock levels have to be reduced and optimal fill rates guaranteed.
Begun in the 1990s, stock replenishment software, also known as Vendor Management Inventory (VMI), is widely practiced when dealing with supply.
Vendor Managed Inventory (or VMI) is a collaborative process by which a client partners with a vendor in order to improve supply performance.
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