Executive Summary
eSP Supplier Managed Inventory (SMI/VOI) Module opens the door to dramatic reductions in inventory costs. Suppliers view actual inventory balances, agreed target levels and forecast consumption, enabling true collaboration and lower costs for both Manufacturer and Supplier. eSP SMI also supports Vendor Owned Inventory (VOI) and Co-operatively Managed Inventory (CMI) practices. This module enhances the already award-winning product, e-Ventus Supplier Portal and adds a new dimension to optimizing the Supply Chain.
Benefits • Displays forecast consumption to promote supplier delivery planning, reducing costs to both supplier and manufacturer
• Highlights items falling below minimum, or exceeding maximum established stock levels for timely actions
• Supports consignment inventory practices to reduce inventory cash tie-up
• Independent e-mail triggers alert users to stock levels below or above set ranges
• Targets can be specific Min/Max quantities or Days of Supply (DOS)
• Suppliers see accurate, up-to-date information without any effort by the manufacturer
• Promotes true collaborative planning, forecasting and replenishment (CPFR)
• Powerful filtering/selection tools to efficiently work with large databases
• Displays 7-,14-,30-,60- and 90-day cumulative forecast requirements with color-keyed indicators of potential problems
