Generix & Open Sky Group Advance Their Joint Mission to Accelerate Supply Chain Digitization in North America View the press release
Build a lean, demand-driven supply chain
Elevate your inventory management with vendor managed inventory system. Our VMI software enables suppliers, retailers and distributors to monitor and replenish their inventory based on live consumption data.
Supply chains just got smarter:
Severe storms. Capacity constraints. Trade wars. Global supply chain disruption is inevitable. Our VMI supply chain software gives suppliers, retailers, and distributors predictive analytics to forecast, plan, and react with fresh insights.
Stay in control of expiring stock and quickly locate items across multiple warehouses to expedite orders while ensuring product quality at every step.
Optimize stock levels to avoid empty shelves at the point of sale and reduce the cost and carbon emissions associated with inventory transportation and logistics.
Configure our cloud-based vendor managed inventory software to meet your unique storage, fulfillment, facility, capacity, and budget requirements.
Service Level Quality
27%
improvement in service levels
Inventory Optimization
50%
reduction in excess inventory
Transport Efficiency
90%
increase in truck fill rate
Use dashboards to monitor stock levels across multiple delivery and manufacturing locations with key indicators like stock coverage, service rate, quantities shipped, and out-of-stocks.
Use real-time data from cross-functional sources, including customer insights, weather data, product seasonality, and machine learning, to make precise purchasing decisions.
Adapt your supply chain to various models like VMI, CMI, pooling, multi-drop, and multi-pick. Tailor your inventory controls to your product, volume, location, and partnership needs.
Integrations
Generix makes scaling your supply chains easier. Seamlessly integrate your current systems and applications with Generix’s 17+ supply chain software solutions to grow your operations as fast, and as far, as you need.
Drive operational efficiency across warehouse activities
Optimize workforce management across your warehouse
Make smarter charter and load decisions
Optimize and organize your yard operations
Accelerate your client’s deployment and fulfillment activities
Data-driven insights for supply chain efficiency
Track live shipments and provide accurate ETAs
Unlock operational efficiency across your physical and critical workflows. Benefit from our best-of-breed SaaS solutions and expertise, backed by high-performance partners and seamless implementation and advisory support for your business journey.
Generix Group, a leading SaaS vendor of collaborative supply chain solutions, and DDS, a SaaS vendor of supply chain digitization…
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Vendor Managed Inventory software streamlines needs assessment, supplier analysis, order management, and cost tracking. It centralizes purchasing data, optimizes processes, and enables informed decisions.
Vendor Managed Inventory software provides increased visibility into goods flow and enables effective coordination between suppliers, production, and distribution. It facilitates inventory management, delivery tracking, and production planning.
Vendor managed inventory (VMI) is a supply chain practice where the supplier assumes responsibility for managing a customer’s inventory levels. This approach allows for more efficient stock management, as suppliers can monitor inventory levels in real-time and replenish products as needed. Generix’s VMI software facilitates this process by providing advanced tools for inventory monitoring, forecasting, and replenishment, improving supply chain efficiency and reducing stockouts.
VMI software benefits businesses by enhancing inventory accuracy, reducing stockouts and overstocks, and improving supplier-customer relationships. It enables better demand forecasting and inventory optimization, leading to cost savings and more efficient supply chain operations. Generix’s VMI software streamlines these processes, offering a more responsive and adaptive inventory management approach.
Yes, Generix’s vendor managed inventory systems can seamlessly integrate with other supply chain software, including ERP systems and logistics platforms. This integration facilitates a unified approach to supply chain management, improving data accuracy and operational efficiency across the board.
Vendor managed inventory is versatile and can be adapted to various industries, from retail to manufacturing. Generix’s VMI software is customizable to meet the specific needs of different industry sectors, ensuring that businesses of all types can benefit from improved inventory management.
Key features of Generix’s VMI software include real-time inventory visibility, automated replenishment, demand forecasting, and detailed reporting and analytics. These features collectively enable effective inventory management, ensuring that stock levels are maintained optimally to meet customer demands while minimizing excess inventory.
Vendor managed inventory software positively impacts supplier-customer relationships by fostering collaboration and trust. It allows suppliers to take a proactive role in managing inventory, leading to more efficient operations and reduced stockouts. This collaborative approach enhances communication, aligns goals, and builds a stronger, more reliable partnership, ultimately benefiting both parties in terms of service quality and operational efficiency.
