Together for more sales

What is Cooperative Inventory Management?

There are different terms that stand for the same strategic rethinking in supplier-customer relationships: Collaborative Replenishment, Consignment, Cooperative Inventory Management or even the current international formula Vendor-managed inventory (VMI).

In essence, it is about intelligent, fast, lean and flexible networking of purchasing, warehousing and sales processes. The supplier sets up a warehouse at the customer's site and takes care of managing this warehouse.

Which goals are in focus?

• Reduce storage costs and expenses
• Ensure consistently high availability of goods with fast replenishment processes
• Simplify and accelerate the entire disposition process
• Standardize work with different suppliers
• Real-time visibility of all inventory changes
• Increasing sales on both sides

How does proSystem VMI work?

proSystem VMI is the out-of-the-box solution for collaborative inventory management. The system combines seamless live tracking with a cloud-based portal that makes all inventory levels and movements visible in real time, actively communicates with partners, and independently prepares or triggers actions on demand.

proSystem VMI can either operate completely autonomously or be deeply integrated into ERP systems and goods processes. The solution is scalable for a large number of partners, the warehouse location can be freely selected and the necessary RFID or barcode hardware can be easily integrated.

proSystem VMI: Your benefits

• Can be used out-of-the-box even without integrations
• Simple and cost-effective onboarding
• Live tracking of inventory, real-time posting, and live notification of additions and withdrawals
• Automation capabilities for refill suggestions and delivery documents
• Detailed cloud dashboards for all partners
• Up to over 10% revenue increase possible depending on ROI model