Collaboration

Collaborate with your team, share more of your information and your suppliers / vendors data in real time; don’t be the one left behind at the station.

Are you feeling the pressures of inaccurate forecasts that lead to too much overstock inventory? Are you having difficulty creating accurate forecasts for a large number of SKUs with complicated buying patterns? Are you tired of dealing with best pick models that don’t take promotions and seasonal trends into consideration? Do you feel like the vendors are working with a totally different set of data points? Then Data Profits’ VMI tools can help by providing you with one accurate version of the truth.

Data Profits VMI tools deliver increased profits for both trading partners:

  • Reduced Inventory
  • Improved Service
  • Increased Sales
  • Streamlined Operations

Vendor Reporting

Through the use of Data Profits’ Vendor Reporting, your company can reach all of its forecasting goals:

  1. Improve or maintain service with the lowest inventory investment possible to:
    • Increase Sales
    • Decrease Excess Inventory
    • Decrease Operating Expenses
    • Increase Profits
  2. Improve your image in the eyes of your customer, positioning your company as the store with all the right products at the best price and availability

Vendor Managed Inventory VMI

Data Profits VMI is a proven Vendor Managed Inventory service that is comprehensive and sophisticated, while at the same time easy to deploy and operate.

Data Profits VMI enables suppliers and their customers (e.g. distributors, retailers, OEMs, or product end users) to quickly establish an effective Vendor Managed Inventory process that:

  1. Customize How Users Visualize the Supply Chain
  2. Fully align Business Objectives
  3. Improves Collaboration
  4. Streamlines Supply Chain Operations
  5. Fosters strong relationships

How do I share the right information to the right people?

Data Profits VMI delivers the full range of Vendor Managed Inventory capabilities. It is highly effective for virtually any product mix and scalable to any number of locations.

Because it is delivered via the Internet using the ‘Software as a Service’ (SaaS) model – not as a software product you must install and maintain – Data Profits VMI requires no additional information technology staff or equipment to support your Vendor Managed Inventory efforts.

The Right Mix of People, Processes, and Technology

Data Profits VMI is much more than just data and the delivery of inventory status information. With trading partners viewing the same forecasting, replenishment, and inventory information along with our real time actionable alerts your supply chain becomes agile and responsive to your customer needs.
Data Profits can provide insight into industry trends and best practices, assist with developing your overall Vendor Managed Inventory strategy, and help you profitably grow the program over time.

Do you want to learn more about how you can get one version of the truth?

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