Efficiently managing inventory is a demanding task, but Salient knows it doesn’t have to be overly complicated and cumbersome. To maximize sales and customer service while minimizing cash tied up in inventory, Salient Vendor Managed Inventory (VMI) enables suppliers and retailers to share demand facts and collaborate with complete clarity. This allows both parties to benefit from the added attention given to consumer demand.
Salient puts managers in direct control of outcomes by creating tailored portal communications for perfect clarity, eliminating the need for technical know-how. No longer will you need to rely on manual Excel sheet correspondence to manage millions of dollars of exchanges in cash investments, shipping, and distribution costs. Instead, Salient VMI provides easy-to-setup, web-based intelligent communication portals, fully customized to you and your trading partners’ needs. From rapid-deployment integration capabilities and high speed data services to browser-based dashboard deployment and advanced data-mining, Salient offers an end-to-end solution.
Salient VMI can also help you free up resources by moving replenishment accountability to your vendor’s service team. Create dashboards with drag and drop simplicity to give trading partners automatic and immediate feedback on overs and shorts, holding them accountable to stocking plans with secure intelligence.
Product lines supported by Collaborative Planning, Forecasting, and Replenishment (CPFR) have a proven rate of better consumer-demand responsiveness. By turning the current process from manual reporting and analysis into oversight and verification, you can focus on the necessary actions, not on manipulating data each month.
With Salient VMI, you can take control of CPFR collaboration to deliver the right product, at the right time, in the right amount, every time.
Be sure to checkout the full Salient Vendor Managed Inventory (VMI) Whitepaper.