Purchase Partners’ electronic VMI SOLUTION is the industry leader in integrated supply solutions and the backbone for streamlined, computerized business-to-business supply chain communication.
Our VMI SOLUTION streamlines the process of merging data, such as on-hand inventory, customer forecasts and historical demand, into a suggested replenishment quantity. In addition, this same technology infuses your current forecasts into our material requirements planning, driving the inventories we stock in our own warehouses.Customer Benefits
Order Process Accuracy
Not only perfect order accuracy, but also 100% fill rates and no stock outs!
Placing ordersfor multiple products and receiving quantities that do not match, holding over old purchase orders until the orders ship complete is all in the past. With our VMI Solution, you can expect orders, invoice and shipment quantities to be an exact match!
Seamless Data Integration
Our technology seamlessly integrates your forecasts, within our internal VMI operating softwareinstantaneously, with 360 degrees visibility.
Our technologies take into account forecasted usages provided 12 months ago, histories of what actually was consumed in those weekly buckets and marls them against current forecasts and projected demand.
Lower Operating Costs
To increase profits, businesses must do two things: boost revenue and reduce costs.
When thinking of costs related to your supply chain, you must focus not only on your purchase price, but more importantly, on your total realized costs of doing business.
100% Visibility
Our CIN Portal is our private, internet based web connection, provides quick and easy access to current inventories, shipped orders and invoices, past histories, quotations and other information technology, live, 24 hours per day, 7 days per week.
Inventory
Having the correct quantities of inventory in stock, all of the time, mirroring your true production needs, and not purchasing's best guess. We reduce your investment in inventory by managing the stocks you have on-hand, more exactly.
ISO 9001: 2008 Certified QMS
Quality is a cornerstone, of our company's culture and is considered the responsibility of all employees.
We aim to exceed our customer’s expectations by delivering a quality product in a consistent and timely manner, all of the time!
Vendor Benefits
Better Inventory Planning
The process of determining the optimal quantity of inventory to purchase and the timing of inbound delivery for the purpose of aligning it substantially with customer sales and production schedules is essential.
Reduced Operating Costs
With a VMI partnership, suppliers have an increased visibility to demand and the opportunity to establish routine operating procedures that will result in reduced operating costs.
Product Expansion
New products introduced to our VMI Solution, by customers affords us new opportunities to introduce those same product to other customers in non-competing industries.
Visibility
Access to current stock levels helps identify priorities in replenishing on-hand inventories, seeing potential need before the item would traditionally be ordered.
Relationship
Suppliers are able to develop stronger relationships with their customers, increasing their involvement in developing their customers' products and manufacturing processes.
Additional Benefits
It is extremely beneficial to defer the responsibility of managing your inventory to a vendor managed inventory supplier. It lowers your inventory costs, reduces administrative work, and allows you and your staff to focus their efforts on other areas within your business.
