Vision Inventory Management
Vision Inventory Management is a fully-hosted, multi-level vendor-managed inventory (VMI) and inventory management solution. Vision helps manufacturers, distributors, and retailers ensure the right inventory is in the right place, at the right time to maximize profitability.
The Vision Advantage
Top retailers know that to remain on top, they must obtain the right merchandise in the right quantities and get it on the shelf at the right place as quickly as possible. The Vision advantage means:
Improved product availability increases in-store sales and opportunities
Increased stock turn
Increased sales and fewer overstocks provide an increased stock turn
Reduced returns from retail
Reduced overstocks and increased sales avoid costly retail returns to the warehouse
Reduced overall inventory position
Increased sales, reduced overstocks and reduced returns leads to a reduction in overall inventory position
Improve Forecast Accuracy & Planning
Vision provides full demand planning and forecasting for every point in your supply chain, from production through to retail store, using advanced algorithms and daily forecasting by item and location.
Optimize Life Cycle Management
Vision’s full product life cycle management tools help you prevent exposure to stock problems when an item is taken off range or has dropped from peak. It also gives you the power to manage your plans in real time so you can ensure every opportunity is captured and maximized.
Leverage Advanced Reporting & Analytics
Vision delivers advanced reporting and analytics, helping you to plan your new release and promotional cycle campaigns. The solution incorporates advanced reporting features including account management dashboards, scorecards and exception-based analysis to drive focused effort and maximum return.
Manage with Speed & Agility
Vision gives you the flexibility to review and change plans with ease so you can react quickly to the evolving demands of your supply chain. Utilizing real-time customer demand data, Vision helps you identify and capture opportunities as they occur and adapts to maximize sales revenue at every point of the product lifecycle.
Driving Measurable Improvement
Vision empowers globally-recognized brands to streamline and optimize their inventory management, demand planning and replenishment processes. After implementing Vision, organizations have reported dramatic improvements to key business metrics, including:
29% increase in retail sales over
peak periods, above market average
25% reduction in retail inventory,
decreasing markdowns due to overstock
99% reduction in order errors,
reducing resulting claims
40% decrease in returns
over like stores and periods