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Product details

Overview

TrueCommerce's Vendor Managed Inventory (VMI) solution optimizes inventory management by enabling suppliers to take a leading role in stock replenishment. This collaborative approach enhances transparency and accuracy in inventory levels, forecasting, and service. By streamlining order fulfillment, VMI fosters stronger supplier-retailer relationships and ensures more efficient stock management, ultimately boosting sales and reducing stockouts.

Features and Capabilities

  • Inventory Visibility: Offers real-time data access for accurate inventory tracking and management.
  • Forecasting Tools: Predicts stock requirements using advanced analytics for better planning.
  • Order Automation: Streamlines order generation to minimize manual interventions.
  • Supplier-Led Inventory Control: Enhances supplier accountability and inventory replenishment efficiency.
  • Customizable Integrations: Seamlessly connects with ERP systems like Microsoft Dynamics, Oracle, SAP, and more.
  • Improved Collaboration: Facilitates transparent communication between vendors and buyers to strengthen partnerships.
  • Stock Optimization: Reduces overstocking and stockouts, improving inventory turnover rates.
  • Actionable Insights: Provides detailed analytics to identify trends and make informed decisions.