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Compare Vendor Managed Inventory (VMI) Software

This page is managed by
Forrest Burnson, Managing Editor
Last updated: July 31, 2014

Top 10 Most Reviewed Vendor Managed Inventory (VMI) Software Systems

 
Snapfulfil Synergy North America’s Snapfulfil is a hosted warehouse management system that we recommend to buyers in many industries, including wholesale, manufacturing and e-Commerce. Rules engine can be customized per each organization.
        6 Reviews
 Price
 Demo

7

Recommendations
in the last 30 days
Enterprise WMS and Interchange EDI Ramp Systems' Enterprise WMS and Interchange EDI solution caters vendor managed inventory capabilities specifically to 3rd-party logistics companies (asset and non-asset). The system is offered both on-premise as well as online.
       4 Reviews
 Price
 Demo

2

Recommendations
in the last 30 days
3PL Warehouse Manager by 3PL Central In addition to warehouse and inventory management, 3PL Central’s 3PL Warehouse Manager offers vendor-managed inventory capabilities. Alerts can be set up to notify suppliers when inventory is low and needs to be replenished.
        3 Reviews
 Price
 Demo

22

Recommendations
in the last 30 days
JDA Software JDA is one of the premier providers of supply chain applications. JDA offers stand-alone transportation, procurement, sourcing, vendor management, forecasting and planning applications. Supported by 23 international locations.
        3 Reviews
 Price
 Demo

7

Recommendations
in the last 30 days
ViewPoint Logistics ViewPoint Logistics by Maves is a standalone WMS created specifically for 3PL operations. Their full suite includes functionality in transportation management, demand planning, order fulfillment, and inventory management.
        2 Reviews
 Price
 Demo

4

Recommendations
in the last 30 days
 

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Novatus Contract Lifecycle Management Novatus Contract Lifecycle Management offers a vendor managed inventory solution with quick implementation. Novatus is available both on-premise or as a web-based solution and offers 24/7 user support.
       1 Review
 Price
 Demo

6

Recommendations
in the last 30 days
SAP - SCM This system allows for users to identify and work with key partners to reduce both parties’ safety stock. When the partner provides historical and current inventory stock to the user, SAP can create auto-alerts and sales orders.
       0 Reviews
 Price
 Demo

20

Recommendations
in the last 30 days
iTracker Hosted 3PL by Traker Systems Designed in SQL and .NET, iTracker is a web-based system that is a great fit for most businesses seeking RF scanning, a convenient web portal, and integration with Quickbooks, including companies in 3PL, Oil & Gas, and more.
       0 Reviews
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20

Recommendations
in the last 30 days
PomodoTech Order Management PomodoTech Order Management from ADI Business Solutions offers a complete order fulfillment and shipping solution. This web-based or on-premise system is scalable and integrates with Microsoft Dynamics RMS.
       0 Reviews
 Price
 Demo

18

Recommendations
in the last 30 days
WISE Royal 4 has been one of leading vendors of supply chain software since 1984. Within its modern supply chain solution, Royal 4 offers the ability for users to create a VMI system to share inventory management with suppliers.
       0 Reviews
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 Demo

17

Recommendations
in the last 30 days
 
 


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Buyer's Guide

What Is Vendor Managed Inventory Software?

Vendor managed inventory software, or supplier assisted inventory management (SAIM), allows the supplier to assume many of the duties related to maintaining the buyer’s inventory. Rather than place all of the responsibilities of the supply chain planning system onto the customer, vendor managed inventory agreements establish a collaborative relationship between vendors and manufacturers or retailers. In this case, the buyer uses the software to keep the supplier aware of how much inventory should be available at the buyer’s location at all times, and the supplier uses the software to monitor that inventory and replenish it when necessary, which makes VMI software a particularly useful addition to any supply chain management system.

VMI Features & Functionality

Using VMI software, requests are constantly moving back and forth between buyer and supplier. The buyer can immediately inform the supplier about product activity, sending electronic documents that report inventory, sales, and demand data, to name a few. The supplier can then reply with information and suggestions of its own, such as recommended replenishment quantities, advanced shipment notifications, and invoices.

Specific features associated with VMI software include:

Supply chain synchronization The most basic feature of a vendor managed inventory system is to synchronize sales with the supply chain to automatically send new materials to buyers without their having to lift a finger.
Customer data Acquisition VMI software simplifies and automates the process of getting product activity reports from each customer by automatically acquiring them and verifying the quality.
Product activity reports The software can create an inventory plan and order recommendations that can be adjusted or customized by the buyer and automatically send a purchase order once approved. This dramatically reduces the variability of manually managed inventory plans.
Activity analysis This business intelligence feature helps users identify problem areas, opportunities for growth, and other potential VMI improvements.

Evaluating Vendor Managed Inventory Software

VMI software helps suppliers reduce lead times through increased visibility between supplier and buyer. It plays a crucial role in alerting the supplier when the customer is out of stock, so if buyers historically put in last-minute, rush, or disorganized orders, these systems can be particularly supportive in smoothing out that ordering and delivery process.

When purchasing vendor managed inventory software, consider the following criteria:

  • What format/software do your customers use for their product activity reports?
  • Is the VMI software customized/customizable to your industry’s product/inventory needs?
  • Are you looking for business intelligence capabilities that will improve the SAIM process over time?
  • Do you want a locally installed program, or a web-based Software-as-a-Service system?


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