ProcMart

SOME TIPS TO MAKE VMI WORK

1. Trust and collaborate to elucidate expectations and make them realistic
Both parties must be engaged in truthful discussions to guarantee everyone realizes the risks and yields of this arrangement.

2. Share information flawlessly
The quality of information shared between the two parties determines the success of a VMI system.

3. Strong communication to synchronize data
Each side must prevent a breakdown in communication by discussing goals and progress towards achieving them.

4. Align objectives
Fix goals very clearly such that both parties work together in achieving aligned goals. Decide whether the joint objective is to add operational and working capital efficiency to a mature, stable process via VMI or to enhance the effectiveness of a process by tackling definite pain points?

5. Let business directions and parameters administer the process
Minimum safety stocks, demand-variable safety stocks, lead times, manufacturing, and shipping calendars help certify you achieve service levels and manage risk efficiently.

6. Re-assimilate orders
The orders must automatically post to the supplier's order processing system.

7. Be flexible
A good VMI tool must accommodate variations in demand or transportation status.

Thank you 🤗 for making the workplace a fun place to be.

It has been a pleasure to work with you. Farewell, and wish you all the success for your future endeavors.

All the Best🎉 👍

🔸Celebrating The Spirit of Freedom🔸

Happy Independence Day 2020 from the entire Team.