Introducing Generix collaborative replenishment

Keeping up with demand for supply

Companies today are dealing with ever-more demanding customers, and they must optimize inventory management if they wish to prevent stockouts. From a strategic standpoint, this is no small feat, and could event result in a sizable dent in industrial income—over 1.2 billion euros in supermarket sales in 20181 alone. Generix Group understands the importance of increasing supply performance and supplier productivity, remaining agile when faced with increasing consumer demand, and taking advantage of newfound competitive services. Generix Collaborative Replenishment was created through collaboration with the Generix Group Customer Advisory Board to meet these challenges and bring together the eight industrial companies that make up the top 30 FMCG businesses.

A closer look at Generix Collaborative Replenishment

With Generix Collaborative Replenishment, Generix Group aims to completely streamline the Supply Chain by rethinking shared management and process pooling. Using the solution, industrial companies, retailers, and 3PLs can cover every process in the Supply Chain: Vendor Managed Inventory, pooling, multidrop, multipick, and so on. They can also benefit from a 30% decrease in stockouts.

Also read: The 3 Key Performance Indicators of VMI Software

This Generix Group SaaS solution includes such technological innovations as cloud technology and big data analysis, and it will soon implement artificial intelligence. Its flagship advantage lies in its superior performance, namely:

• a 20 to 30% increase in service rate,
• an optimized truck fill rate of 70% to 98%,
• a 2% to 3% increase in sales,
• a 10% to 15% drop in transportation costs, and much more!

1ERC-IRI barometer for the Institut du Commerce