Why do you need a vendor managed inventory solution?
As your business grows, your network of suppliers, wholesalers, and distributors can become a complex ecosystem. Managing your transactions with these companies is full-time job.
A manually managed supply chain is full of inefficiency. You have to order more inventory than you think you’ll sell, so you don’t run out. You’re suppliers need to prepare for that demand. Purchase orders get lost. Shipments get confused.
But, if you entire supply chain is integrated in real time, everyone wins. You operate your business more efficiently. Your suppliers spend less time dealing with order management. Everyone reduces the inefficiencies in the system.
Efficiency and accuracy are why you need a vendor managed inventory solution.
How does nChannel help?
nChannel’s vendor managed inventory solution integrates your entire supply chain into an intelligent, data-driven system:
- Improve inventory turn and customer experience by always having the “right” amount.
- Integrate multiple suppliers into a single platform.
- Utilize intelligent order routing to optimize fulfillment.
- Share data with suppliers, wholesalers, and distributors in real time.
Stop spending so much time working with your suppliers using inefficient processes. Let your inventory management solution do the talking. Contact us now for a quote and to get started!