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Martin Inc.
Florence, United States
B
251-500 Employees
1934
Key takeaway
The company, Martin Supply, emphasizes its commitment to customer relationships and strategic partnerships, which are essential in the context of Vendor Managed Inventory. Their membership in the Affiliated Distributors (AD) network enhances their ability to lower capital investment and reduce operating expenses for their customers.
Reference
Product
Vendor Managed Inventory
Manhattan Associates
Atlanta, United States
B
1001-5000 Employees
1990
Key takeaway
Grupo Éxito enhanced its delivery times and customer satisfaction through a transition to Manhattan Active Omni, which supports a seamless omnichannel experience. The company's Vendor Managed Inventory solution allows suppliers to access stock data, enabling them to manage product shipments effectively and improve in-stock performance.
Reference
Product
Vendor Managed Inventory | Manhattan Associates
Grant suppliers access to stock data so that they can manage product shipments and improve in-stock performance.
Rubix - TCB Komeetstaal
Doetinchem, Netherlands
A
11-50 Employees
1965
Key takeaway
Rubix offers a Vendor Managed Inventory Service, which is designed to enhance your productivity and reduce production and procurement costs. Their extensive stock of over 60,000 items ensures reliable supply directly from their distribution center in Venlo.
Reference
Service
Vendor Managed Inventory Service | RUBIX
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Assembly Fasteners Inc.
Apopka, United States
B
101-250 Employees
1984
Key takeaway
AFI is recognized for its innovative Vendor Managed Inventory (VMI) program, which offers efficient and cost-saving solutions for inventory management.
Reference
Core business
VMI - Vendor Managed Inventory Tracking | Assembly Fasteners, Inc.
Safe Stock Solutions Ltd
Exeter, United Kingdom
A
1-10 Employees
2018
Key takeaway
Safe Stock Solutions Ltd specializes in Vendor Managed Inventory (VMI) control solutions, particularly for the independent industrial supplies market, enhancing efficiency and benefits for larger end users. Their services include the design and installation of VMI systems, offering 24-hour availability and real-time usage reporting to optimize inventory management.
Reference
Core business
Smart Inventory Solutions, Vender Managed Inventory Systems
We supply industrial vending machines, providing customers with 24hr availability, real-time usage reporting, full traceability and secure access.
Brammer Nederland
Haarlem, Netherlands
A
51-100 Employees
1920
Key takeaway
Rubix offers Vendor Managed Inventory (VMI) solutions, bringing together intelligence and experience to streamline industrial distribution for businesses of all sizes.
Reference
Service
VMI - Vendor Managed Inventory | RUBIX
Stag Enterprise, Inc.
Ball Ground, United States
B
11-50 Employees
1993
Key takeaway
Stag Enterprise offers Vendor Managed Inventory services, allowing them to efficiently manage your inventory needs, especially when space is limited. As a 3M Premier Services Distributor, they provide access to the latest products and exclusive promotions.
Reference
Service
Vendor Managed Inventory – Stag Enterprise
Clear Spider
Mississauga, Canada
A
11-50 Employees
2006
Key takeaway
Clear Spider offers a comprehensive Vendor Managed Inventory (VMI) system that enhances visibility and control over inventory. Their innovative cloud-based software provides real-time information and customizable solutions, making it easier for businesses to manage their inventory effectively and reduce costs.
Reference
Product
Vendor Managed Inventory - Clear Spider
Eliminate the challenges of poorly managed inventory with a vendor managed inventory system. Make the move toward leaner practices today!
PathGuide Technologies Inc.
Bothell, United States
B
11-50 Employees
1989
Key takeaway
PathGuide Technologies offers an Advanced Vendor Managed Inventory (VMI) system that automates replenishment orders when stock levels are low, ensuring full inventory control and order management. This solution enhances visibility to shelf life requirements and provides total traceability, making it a valuable tool for warehouses and distribution companies.
Reference
Product
Vendor Managed Inventory | PathGuide Technologies
Advanced VMI means full inventory control and order management, including visibility to shelf life requirements and total traceability.
General Data Systems
St. Louis, United States
B
11-50 Employees
1981
Key takeaway
Advantive offers a specialized Vendor Managed Inventory (VMI) system that enhances the flow of goods from suppliers to buyers, making it an ideal solution for specialty manufacturing and distribution businesses. Their VMI software is designed to streamline processes and improve operational visibility, ultimately driving efficiency and revenue growth.
Reference
Product
Vendor Managed Inventory (VMI) Systems & Software | Advantive
Create an efficient flow of goods from your supplier to buyer with our VMI system! Learn how to implement Advantive's vendor-managed inventory system today.
Technologies which have been searched by others and may be interesting for you:
Vendor Managed Inventory (VMI) is a supply chain practice where the supplier takes responsibility for managing and replenishing inventory at the customer's location. In this arrangement, the vendor monitors the inventory levels, forecasts demand, and makes decisions regarding the quantity and timing of stock deliveries. This approach enhances efficiency by reducing the likelihood of stockouts and excess inventory. By leveraging real-time data and analytics, VMI providers can optimize inventory management, improve order accuracy, and strengthen the collaboration between suppliers and customers. This leads to reduced operational costs and increased service levels, benefiting both parties in the supply chain.
Vendor Managed Inventory (VMI) enhances supply chain efficiency by transferring the responsibility of inventory management from the retailer to the supplier. This collaboration streamlines the replenishment process, as suppliers have access to real-time sales data and inventory levels. By analyzing this information, suppliers can better anticipate demand, reducing stockouts and excess inventory. Furthermore, VMI minimizes order lead times and optimizes inventory turnover, allowing for a more agile response to market changes. The result is a more synchronized supply chain, which reduces costs associated with holding inventory and improves overall service levels. This approach fosters stronger partnerships between suppliers and retailers, ultimately leading to a more efficient supply chain ecosystem.
1. Improved Stock Accuracy
Vendor Managed Inventory (VMI) enhances stock accuracy by allowing suppliers to monitor inventory levels in real-time. This leads to timely replenishments, reducing the risk of stock-outs and overstock situations.
2. Reduced Administrative Burden
Implementing VMI minimizes the administrative tasks for retailers since suppliers take over the management of inventory. This allows businesses to allocate resources to other critical areas, improving overall operational efficiency.
3. Enhanced Collaboration
VMI fosters stronger collaboration between suppliers and retailers. By sharing data and insights, both parties can optimize inventory management strategies, leading to better demand forecasting and supply chain performance.
4. Cost Savings
VMI can lead to significant cost savings through reduced carrying costs and improved order efficiency. As suppliers manage inventory levels, the need for excess stock diminishes, leading to lower inventory holding costs.
Vendor Managed Inventory (VMI) represents a shift from traditional inventory management by placing the responsibility of managing inventory levels on the vendor rather than the retailer or buyer. In VMI, the vendor monitors the inventory levels in real-time and makes decisions regarding restocking based on demand, sales data, and forecasts. This proactive approach allows for better alignment between supply and demand, reducing stockouts and overstock situations. Traditional inventory management typically requires the retailer to track and manage stock levels, which can lead to inefficiencies and delays. In contrast, VMI fosters a collaborative relationship between the vendor and the retailer, enhancing communication and streamlining the supply chain. This model not only improves inventory accuracy but also optimizes order fulfillment processes, ultimately leading to cost savings and improved customer satisfaction.
Various industries utilize Vendor Managed Inventory (VMI) systems to improve supply chain efficiency and reduce costs.
1. Retail
In retail, VMI helps manage stock levels for consumer goods, ensuring products are available when needed while minimizing excess inventory.
2. Manufacturing
Manufacturers leverage VMI to streamline their production processes by ensuring that necessary components and raw materials are consistently available, reducing downtime.
3. Healthcare
In the healthcare sector, VMI systems assist in managing inventory for medical supplies and pharmaceuticals, ensuring that critical items are always in stock and readily available.
4. Automotive
The automotive industry employs VMI to manage parts and components efficiently, which is essential for maintaining production schedules and meeting consumer demand.
5. Food and Beverage
VMI is also prevalent in the food and beverage industry, where it helps maintain fresh inventory levels and reduces waste through better forecasting and ordering practices.
Some interesting numbers and facts about your company results for Vendor Managed Inventory
| Country with most fitting companies | United States |
| Amount of fitting manufacturers | 3591 |
| Amount of suitable service providers | 3279 |
| Average amount of employees | 11-50 |
| Oldest suiting company | 1920 |
| Youngest suiting company | 2018 |
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Some interesting questions that has been asked about the results you have just received for Vendor Managed Inventory
What are related technologies to Vendor Managed Inventory?
Based on our calculations related technologies to Vendor Managed Inventory are Big Data, E-Health, Retail Tech, Artificial Intelligence & Machine Learning, E-Commerce
Which industries are mostly working on Vendor Managed Inventory?
The most represented industries which are working in Vendor Managed Inventory are IT, Software and Services, Other, Logistics, Supply Chain and Transportation, Marketing Services, Consulting
How does ensun find these Vendor Managed Inventory Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.
