SCP 4.0 is a forecasting, demand planning, and vendor managed inventory (VMI) solution that recommends what to make/procure, how much to make, and when to make it in order to uphold target inventory levels. SCP 4.0 also includes MRP, full container optimization, and strong reporting tools.
The purpose of Vendor Managed Inventory partnership programs is to electronically share information between members of the supply chain resulting in shorter lead times, reduced inventory, reduced obsolescence, and more efficient manufacturing. The up-stream member of the supply chain (the supplier) takes on more decision making for what to supply to the customer. The result is a more leveraged relationship for the supplier and improved service for the customer. For more information, see some of our blog articles, 3 Steps to Make VMI Work and Vendor Managed Inventory (VMI) Explained.
Managing the VMI process requires a good planning engine that includes flexible integration capabilities
VMI, SMI (supplier managed inventory), or CPFR (collaborative planning, forecasting and replenishment); The problem is always the same. Customers and suppliers manage and share their electronic information in dozens of ways and formats. A supplier needing to establish a Vendor Managed Inventory VMI partnership relationship with multiple clients can expect to receive customer data as a combination of Excel files, ASCII files, EDI, XML, exported reports, and more. To complicate the matter further, this data can be transmitted over email, FTP, web portal, EDI VAN, and private or public exchange networks.
The SCP built-in Data Mapping functionality automates Vendor Managed Inventory (VMI) communication with any electronic data source from something as simple as an Excel spreadsheet, to retrieving data from the Internet… even to the extent of automatically locating emails in an inbox, detaching and unzipping (if necessary) the required attachment, and processing the information. And it doesn’t stop there. SCP is also capable of automatically communicating data and reports back to clients who are anxious to know how much inventory is being held at their suppliers and what shipments they can expect.
Data Integration Quick and seamless integration is undoubtedly one of the biggest factors in the success or failure of supply chain projects. A long implementation means high costs and lost…
Reporting With thousands of records to manage, good reporting functionality is critical to the supply chain planning process. SCP includes over a dozen highly configurable color-coded…
Forecasting & Planning Highly manage-by-exception based, the SCP planning engine represents your supply chain accurately. Plants supplying distribution centers (DCs), central warehouses supplying…
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