In the new white paper on Vendor Managed Inventory (VMI), Remira highlights the positive effects for suppliers and retailers following the introduction of the VMI concept. The IT specialist uses a checklist to provide information on the key figures required for the successful implementation of VMI. The right software solution for determining daily updated inventory data and sales forecasts is of fundamental importance.

Optimize the flow of goods, avoid out-of-stock situations
VMI is the method of choice for establishing an efficient supply chain. While the retailer manages the stocks in the warehouse itself with the traditional ordering system, with the VMI concept it hands over complete responsibility for replenishment to its supplier. It is crucial for the successful implementation of the VMI strategy that the supplier can continuously call up the retailer's current stock levels. Based on this data, the supplier uses suitable scheduling software to create precise sales forecasts and determine optimal order and production quantities. The supplier then defines the ideal delivery time and also determines the delivery rhythm itself.

A win-win situation for supplier and retailer
The successful introduction of VMI leads to an improvement in the economic framework conditions - for both the retailer and the supplier. Remira describes these effects in the white paper and provides an overview of the most important key figures that need to be defined in the run-up to project implementation. The specialist for intelligent IT solutions for optimizing inventory management explains how companies can find the right IT solution for their requirements and what they should pay attention to during implementation.

About Remira
Remira specializes in intelligent IT solutions for optimizing inventory management and sustainably improving sales planning and scheduling. Founded in 1994, the company is based in Bochum. The medium-sized company currently supports over 600 installations for 150 customers worldwide. The proprietary LogoMate software can be easily integrated into all ERP systems, is intuitive to use and flexible. It dynamically adjusts the safety stocks to the respective article and location. Together with the best purchasing conditions, the software automatically generates return- and sales-oriented order recommendations. The Remira service spectrum ranges from consulting, inventory analysis, software integration and training to support and regular updates. With PentaSpeed, a technology has been developed that enables customers to achieve higher computing performance despite constantly increasing data volumes. This enables optimal results to be achieved even with more than 50 million articles per day. Interested parties can download the free white paper here: bit.ly/2MB2iW2