Suppliers require access to certain types of information in order to effectively manage Vendor Managed Inventory (VMI). This includes:

  • Sales Data: Suppliers require real-time sales data from the customer in order to manage inventory levels effectively. This includes data on sales volume, sales trends, and seasonality.
  • Inventory Data: Suppliers require real-time inventory data from the customer in order to manage inventory levels effectively. This includes data on inventory levels, inventory turnover rates, and lead times.
  • Delivery Data: Suppliers require real-time delivery data from the customer in order to manage inventory levels effectively. This includes data on delivery schedules, delivery lead times, and delivery reliability.
  • Production Data: Suppliers require production data in order to plan production and ensure that inventory levels are optimized. This includes data on production capacity, production schedules, and production lead times.
  • SKU Information: Suppliers require SKU information in order to manage inventory levels effectively. This includes information on SKU descriptions, SKU characteristics, and SKU demand patterns.
  • Performance Metrics: Suppliers require performance metrics in order to measure the effectiveness of their VMI program. This includes metrics such as inventory turnover, fill rates, on-time delivery rates, and order accuracy rates.

Overall, suppliers require access to real-time data on sales, inventory, delivery, production, SKU information, and performance metrics in order to effectively manage Vendor Managed Inventory. By having access to this information, suppliers can optimize inventory levels, reduce costs, and improve customer satisfaction.