Is your company considering, or already managing a process such as Vendor Managed Inventory (VMI), Automatic Replenishment,  or Collaborative Planning Forecasting & Replenishment (CPFR)?  No matter whether this is a requirement from your customer, or whether this is a strategic initiative for you to differentiate and add value, you will need more than just an EDI system if you plan on implementing VMI for your customers.

Depending on how many items and stocking locations will be managed, the amount of extra work your people will take on can be extensive in a VMI project.  Manual calculations of how much to ship and how much to stock are an especially risky proposition when your customer relationship is at stake.

Thrive can provide the VMI software to tell you exactly how much of each of your items to place at your customers' locations.

Thrive's VMI software is designed to become a foundation for collaboration with your key customers.  For VMI programs, Thrive utilizes data from your customer's EDI documents to generate forecasts and create optimal replenishment orders.

Thrive's VMI software allows you to take the goals you set with your customer such as number of inventory turns or desired service levels and automatically honor those as efficiently as possible, while giving you metrics on your VMI compliance and execution against those goals.  It will also alert you if one of those goals is in jeopardy of not being met.

Thrive's implementation consultants have been through dozens of successful VMI projects, and are able to provide valuable best practices expertise during your VMI project.