Optimize your stocking processes with advanced algorithms that synchronize supply and demand
EDICOMVMI offers supply chain optimization through electronic data interchange between partners. This guarantees continuous supply at points of sale with minimum-safety stocks.
Implementing a continuous restocking planning project (CRP/VMI) requires consistent contact between clients and suppliers for continuous product stocking that is adjusted to real needs.
A VMI project necessarily involves suppliers and distributors, and may also include logistics operators.
EDICOMVMI runs advanced demand forecasting algorithms based on sales, stock, promotional or seasonal information that supply chain stakeholders share on an ongoing basis using electronic data interchange technologies.
EDICOMVMI adjusts freight and delivery schedules by configuring combined loads of several products.
Benefits of VMI
Stocking automation generates benefits for numerous aspects of company management.
Elimination of stock-outs
VMI systems enable an efficient response to consumers, keeping stocks constantly adjusted to consumption patterns at the point of sale.
By not having to reserve so much space in warehouses, you can have sales forecasts well in advance, plan supply and optimize transportation.
These improvements result in a significant reduction of direct costs in stock management, seasonal product adjustment, etc.
Lower inventories of products and raw materials
A stock adjusted to demand means lower inventories of goods and raw materials, which drives operational and management improvements, particularly in the case of perishable products.
Increase in sales figures
The elimination of stock-outs results in regular and stable consumption patterns that improve the service provided and increase the number of product units sold at the point of sale.
Improved financial ratios
Inventory reduction, increased sales, transaction optimization and long-term demand forecasts result in increased revenue or adjusted cash flow forecasts over time that allow for better financial management for both the customer and the supplier.
How does the VMI system work?
VMI System Processes
Know ahead of time what happens in each VMI system process.