Vendor Managed Inventory - VMI
EnterpriseIQ supports the ability to manage inventory
stored at the customer site -Vendor Managed Inventory (VMI). The
system includes the ability to ship the product to the customer,
manage the shipment and quantity as simply another location within
EnterpriseIQ, and support the invoicing of the product when it is
actually consumed by the customer.
VMI supports partial consumption of the item,
so that multiple invoices can be created to handle the one or many
transactions that occur on your customer's floor
MRP engine differentiates between VMI item
and on-site inventory to correctly generate manufacturing quantities.
Use the same procedures as any other sales
order to fulfill order requests from VMI and automatically adjust
the necessary inventory transactions - no additional work for the
sales or shipping staff.
Interfaces with WebDirect Customer Portal for
quick data entry and access.
VMI activity is fully supported via EDI
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