VMI Systems

Compare All VMI Systems

Filters

Apply Filters:

X

Your Industry

Your Company Size

Price

Sort by

Recommendations: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals.
Reviews: Sorts listings by the number of user reviews we have published, greatest to least.
Sponsored: Sorts listings by software vendors running active bidding campaigns, from the highest to lowest bid. Vendors who have paid for placement have a ‘Visit Website’ button, whereas unpaid vendors have a ‘Learn More’ button.
Avg Rating: Sorts listings by overall star rating based on user reviews, highest to lowest.
A to Z: Sorts listings by product name from A to Z.
Showing 1 - 20 of 146 products
Filters
Showing 1 - 20 of 146 products

Fishbowl

Fishbowl is a hybrid manufacturing and warehouse management solution designed for small and midsize companies. Key features include inventory control, material requirements planning (MRP), job shop floor control, work order manage...Read more

4.14 (645 reviews)

42 recommendations

Infoplus

Infoplus WMS is a web-based warehouse management software solution for small to midsize 3PLs, eCommerce Retailers, and Wholesalers focused on taking control of overall inventory, warehouse operations and shipping. Key featur...Read more

4.63 (27 reviews)

29 recommendations

Da Vinci Supply Chain Business Suite

Da Vinci is Wolin Design Group’s cloud-based or on-premise supply chain management (SCM) solution designed specifically for small and midsize 3PLs, internet retailers and wholesale businesses with demanding warehouse, fulfillment ...Read more

4.50 (16 reviews)

25 recommendations

3PL Warehouse Manager

3PL Warehouse Manager is a cloud-based warehouse management system designed for third-party logistics companies to manage multiple customers, processes and billing schedules. The system enables access to real-time information and ...Read more

4.14 (111 reviews)

19 recommendations

Shipedge

Shipedge is a cloud-based warehouse management solution for small, midsize and large enterprises. It caters to e-commerce warehouses, fulfillment service providers, third-party logistics companies (3PL/4PL), omni/multi-channel ret...Read more

0.00 (1 reviews)

19 recommendations

PriceDemo

NorthStar WMS

NorthStar WMS is a cloud-based warehouse management system for small, midsize and large businesses. It serves wholesale distribution, food processing, e-commerce, manufacturing and supply chain industries. Primary features include...Read more

5.00 (4 reviews)

10 recommendations

PriceDemo

SAP S/4HANA

SAP has developed a global network of partners and support staff to assist over 100,000 users worldwide. SAP Manufacturing offers best-of-breed manufacturing applications for users in all industries....Read more

4.28 (259 reviews)

9 recommendations

PriceDemo

NetSuite

With an integrated system that includes ERP, financials, commerce, inventory management, HR, PSA, supply chain management, CRM and more – NetSuite enables fast-growing businesses across all industries to work more effectively by a...Read more

4.09 (783 reviews)

8 recommendations

NeverOut WMS

NeverOut WMS is a complete warehouse management system, designed to manage all facets of a warehouse resulting in a virtually 100% accurate inventory. NeverOut WMS features include Inventory Management (real-time accuracy), O...Read more

0.00 (1 reviews)

8 recommendations

PriceDemo

CobbleStone Contract Insight

CobbleStone Contract Insight provides enterprise CLM software that has been selected by thousands of contract and procurement professionals spanning the globe. CobbleStone’s award-winning software, Contract Insight, is fully confi...Read more

4.78 (45 reviews)

7 recommendations

Software pricing tips

Read our Vendor Managed Inventory (VMI) Software Buyers Guide

Subscription models

  • Per employee/per month: This model allows you to pay a monthly fee for each of your employees.
  • Per user/per month: Users pay a monthly fee for users—normally administrative users—rather than all employees.

Perpetual license

  • This involves paying an upfront sum for the license to own the software and use it indefinitely.
  • This is the more traditional model and is most common with on-premise applications and with larger businesses.

Rated best value for money

Lead Commerce

Lead commerce is an Software as a Service (SaaS) inventory management solution that offers any size business a suite of applications like inventory management, merchandise planning and customer relationship management. ...Read more

4.14 (14 reviews)

7 recommendations

PriceDemo

Omnna

Omnna is a cloud-based ERP that allows businesses of all sizes to manage processes for the supply chain lifecycle, point of sale, warehousing, customer relationship management and more. Omnna's complete B2B and B2C warehouse manag...Read more

5.00 (2 reviews)

7 recommendations

Easy WMS

Easy WMS is powerful and versatile software, with multi-owner, multi-site and multi-language functionalities, which streamlines warehouse management, no matter the size or type of warehouse you are running. It controls, coordinate...Read more

No reviews yet

6 recommendations

Logiwa WMS

Logiwa WMS is a cloud-based warehouse management and order fulfillment solution built on a .NET framework. The solution supports disparate warehousing processes, separate product groups and the needs of different sectors within a ...Read more

4.62 (60 reviews)

5 recommendations

iM3 SCM Suite

iM3 SCM’s Smart Warehouse Management (smartWMS) is a cloud-based software offered to its customers as a SaaS Application. iM3 SCM helps clients reduce their implementation costs to help increase ROI and productivity. From mul...Read more

4.32 (22 reviews)

3 recommendations

SOLOCHAIN WMS

SOLOCHAIN WMS is a highly flexible and adaptive warehouse management system built for companies that need their supply chains to be nimble, efficient, and scaling, while ensuring execution excellence, compliance, and operational s...Read more

4.54 (13 reviews)

3 recommendations

PriceDemo

Sphere WMS

SphereWMS warehouse management software optimizes workflow, direction, and processes at an operational level to increase efficiency and drive down costs for 3PL's, distribution, fulfillment, e-commerce, and retail operations. ...Read more

3.88 (4 reviews)

3 recommendations

Sellercloud

SellerCloud is a multi-channel e-commerce platform designed for organizations of all sizes. It synchronizes online inventory and distribution, provides real-time reports, and generates shipping information. The system's single-sou...Read more

4.52 (27 reviews)

2 recommendations

Synapse WMS

Synapse is a cloud-based and on-premise warehouse management solution by Zethcon for small and mid-sized businesses. This system is geared towards 3PLs and offers 3PL-centric features. The solution is compatible with Mac, Android ...Read more

4.41 (16 reviews)

2 recommendations

PriceDemo

Kechie

Kechie Distribution Management efficiently manages internal and external resources. Suited for growing businesses, the management tools provide control of replenishment, warehouse management, pick, pack, and ship, procurement, pro...Read more

4.63 (16 reviews)

2 recommendations

Popular Vendor Managed Inventory (VMI) Software Comparisons

Buyers Guide

Last Updated: January 26, 2022

Vendor Managed Inventory (VMI) Software

The vendor-managed inventory approach refers to a business model where businesses act as the buyers while vendors (who manage manufacturing or the supply chain) are responsible for all stock at the buyer’s location. These vendors, who manufacture products sold at the buyer’s store, agree to replenish the inventory based on the fluctuating demand and supply trends. This sort of a relationship between the buyer and the vendor is a way to ensure that inventory is well-stocked and stores don’t face a shortfall.

In a way, VMI helps avoid overstocking or shortages in vendor warehouses and also helps avoid increased expenses for labor, purchasing and accounting for the buyers. Using VMI, businesses can optimally maintain inventory, which can result in easier access to products, faster processing times and lower labor costs for stocking and replenishing products. Vendors can also employ their own staff at the buyers’ stores to ensure that product promotion is more direct (i.e., from manufacturer to end customer) and streamlined across all locations.

In this model, the primary responsibility of ensuring optimum levels of inventory falls on the vendor. However, both vendors and buyers can choose to involve a third-party logistics (3PL) provider to deliver the products. The vendors and buyers have to be in constant communication to frequently gauge the inventory levels. One way to communicate and manage inventory is by using vendor-managed inventory software.

Here's what we'll cover:

What Is Vendor Managed Inventory Software?
Common Features of Vendor Managed Inventory Software
Evaluating Vendor Managed Inventory Software
Market Trends to Understand

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 on 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, while the supplier uses the software to monitor that inventory and replenish it when necessary. This makes VMI software a particularly useful addition to any supply chain management system.

Common Features of Vendor Managed Inventory Software

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 that 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?

Market Trends to Understand

The basic trends of the market are edging toward a “less is more” ideology. This implies lower product wastages, lower costs and fewer instances of stock mismanagement. The usage of VMI solutions ensures that real-time data improves sales and fixes any issues that may arise.

Here are some market trends that can help buyers in their decision while purchasing a VMI software for their business and their vendors:

Shared risk: This is an important aspect of the VMI approach. Both vendors and buyers face risk as they are equally responsible for a smooth-functioning inventory management process. For example, sometimes when vendors fail to meet the sales targets, they repurchase the goods from buyers. In addition, the buyer is sometimes acting as only the host of the product and does not have ownership of the product. They earn commissions from the sale, but only after a sale is done. This does not give them much control over the stock in their stores.

Buyers, therefore, have to be certain about taking this risk and complying with contracts set with the vendors.

High market benchmark to cover:The VMI industry is dominated by retail giant Wal-Mart, which is now a master of it. Therefore, companies that opt for this business model and deploy VMI software solutions should look at Wal-Mart’s model of gaining profits in partnerships with its vendors. Constant innovations in the VMI software market will help companies further lower their inventory management costs. One way to go would be to automate warehouse management with robots, the way Amazon manages its warehouses and keeps a tight control over stock.

Stepping stone to innovation: The next step in VMI is jointly managed inventory (JMI), which aims for the buyer and vendor to have a highly collaborative relationship. JMI is essentially like VMI regarding goals and premise, but expands further on these categories. While developing JMI, buyers and vendors have to boost their tactical planning, which involves integrating the vendor into the buyer’s point-of-sale (POS) system. This way, vendors get a detailed and real-time insight into sales data; these analytics can help them make their manufacturing and delivery schedules more accurate.