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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