Designed to help manufacturers digitally manage all forms of material replenishment with suppliers, Supplier Replenishment software combines the vendor’s Electronic Kanban capabilities with new features that allow manufacturers to replenish material with purchase orders based on forecasts or production schedules.
The software provides both manufacturers and suppliers a single Internet portal where they can view forecasts and kanban signals, release purchase orders, track orders and manage receipts. Supplier Replenishment is designed to eliminate stock-outs and resulting expedited deliveries, and reduce inventory levels by up to 75 percent. The product includes the ability to manage a wide variety of inventory replenishment methods, including: schedule-based replenishment, discrete POs, min/max, consignment and VMI (vendor-managed inventory) replenishment methods.
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