Generix named in the 2024 Gartner® Magic Quadrant™ for Warehouse Management Systems (WMS) for the sixth consecutive year. View the press release.

Vendor Managed Inventory (VMI)

Build a lean, demand-driven supply chain

Elevate your inventory management with vendor managed inventory system. Our VMI software enables suppliers, retailers and distributors to monitor and replenish their inventory based on live consumption data.

Supply chains just got smarter:

Generix joins forces with DDS to solidify it’s position as a worldwide leader in supply chain digitization.

Arm your supply chain for a future of uncertainty

Severe storms. Capacity constraints. Trade wars. Global supply chain disruption is inevitable. Our VMI supply chain software gives suppliers, retailers, and distributors predictive analytics to forecast, plan, and react with fresh insights.

 

  • Meet rising customer expectations

    Stay in control of expiring stock and quickly locate items across multiple warehouses to expedite orders while ensuring product quality at every step.

  • Perfect your stock levels

    Optimize stock levels to avoid empty shelves at the point of sale and reduce the cost and carbon emissions associated with inventory transportation and logistics.

  • Find flexibility in every feature

    Configure our cloud-based vendor managed inventory software to meet your unique storage, fulfillment, facility, capacity, and budget requirements.

Move stock to the right place, at the right time, for the best price

Service Level Quality

27%

improvement in service levels

Inventory Optimization

50%

reduction in excess inventory

Transport Efficiency

90%

increase in truck fill rate

Optimize your supply chain with feature-rich inventory controls

 Inventory Dashboards

Use dashboards to monitor stock levels across multiple delivery and manufacturing locations with key indicators like stock coverage, service rate, quantities shipped, and out-of-stocks.

Demand Forecasting

Use real-time data from cross-functional sources, including customer insights, weather data, product seasonality, and machine learning, to make precise purchasing decisions.

Custom Inventory Features

Adapt your supply chain to various models like VMI, CMI, pooling, multi-drop, and multi-pick. Tailor your inventory controls to your product, volume, location, and partnership needs.

Integrations

The supply chain software that adapts to your needs, and not the other way around.

Generix makes scaling your supply chains easier. Seamlessly integrate your current systems and applications with Generix’s 17+ supply chain software solutions to grow your operations as fast, and as far, as you need.

 Get more from your VMI software

Warehouse Management

Drive operational efficiency across warehouse activities

Labor Management

Optimize workforce management across your warehouse

Transport Management

Make smarter charter and load decisions

Yard Management

Optimize and organize your yard operations

3PL Portal

Accelerate your client’s deployment and fulfillment activities

Data Power

Data-driven insights for supply chain efficiency

Order Tracking

Track live shipments and provide accurate ETAs

Tap into a high-performing partner ecosystem

Unlock operational efficiency across your physical and critical workflows. Benefit from our best-of-breed SaaS solutions and expertise, backed by high-performance partners and seamless implementation and advisory support for your business journey.

Learn more about Generix’s vendor managed inventory software

Frequently Asked Questions

How does Vendor Managed Inventory for stock supply management work?

  1. Demand planning: Use shared inventory software to anticipate quantity and deadline requirements for product availability.
  2. Supplier identification: Select reliable suppliers for high-quality, on-time deliveries.
  3. Order placement: Use order management software for accurate ordering based on forecasts and stock levels.
  4. Stock replenishment: Monitor and trigger orders when stock levels reach predefined thresholds.
  5. Collaboration with suppliers: Build strong relationships for effective communication, negotiation, and timely deliveries.
  6. Tracking and analysis: Monitor performance and analyze data to identify trends and improvement opportunities.

Why use Vendor Managed Inventory software?

Vendor Managed Inventory software streamlines needs assessment, supplier analysis, order management, and cost tracking. It centralizes purchasing data, optimizes processes, and enables informed decisions.

How does Vendor Managed Inventory software contribute to improving the logistics chain?

Vendor Managed Inventory software provides increased visibility into goods flow and enables effective coordination between suppliers, production, and distribution. It facilitates inventory management, delivery tracking, and production planning.

What is vendor managed inventory (VMI)?

Vendor managed inventory (VMI) is a supply chain practice where the supplier assumes responsibility for managing a customer’s inventory levels. This approach allows for more efficient stock management, as suppliers can monitor inventory levels in real-time and replenish products as needed. Generix’s VMI software facilitates this process by providing advanced tools for inventory monitoring, forecasting, and replenishment, improving supply chain efficiency and reducing stockouts.

How does VMI software benefit businesses?

VMI software benefits businesses by enhancing inventory accuracy, reducing stockouts and overstocks, and improving supplier-customer relationships. It enables better demand forecasting and inventory optimization, leading to cost savings and more efficient supply chain operations. Generix’s VMI software streamlines these processes, offering a more responsive and adaptive inventory management approach.

Can vendor managed inventory systems integrate with other supply chain software?

Yes, Generix’s vendor managed inventory systems can seamlessly integrate with other supply chain software, including ERP systems and logistics platforms. This integration facilitates a unified approach to supply chain management, improving data accuracy and operational efficiency across the board.

Is VMI suitable for all types of industries?

Vendor managed inventory is versatile and can be adapted to various industries, from retail to manufacturing. Generix’s VMI software is customizable to meet the specific needs of different industry sectors, ensuring that businesses of all types can benefit from improved inventory management.

What are the key features of Generix’s VMI software?

Key features of Generix’s VMI software include real-time inventory visibility, automated replenishment, demand forecasting, and detailed reporting and analytics. These features collectively enable effective inventory management, ensuring that stock levels are maintained optimally to meet customer demands while minimizing excess inventory.

How does vendor managed inventory software impact supplier-customer relationships?

Vendor managed inventory software positively impacts supplier-customer relationships by fostering collaboration and trust. It allows suppliers to take a proactive role in managing inventory, leading to more efficient operations and reduced stockouts. This collaborative approach enhances communication, aligns goals, and builds a stronger, more reliable partnership, ultimately benefiting both parties in terms of service quality and operational efficiency.

Take stock of your global supply chain with Generix