For distributors, vendor managed inventory consists of delegating responsibility for stock provisioning to suppliers.
This logistical cooperation requires shared business processes to be implemented between distributors and suppliers, along with automated and encrypted exchange of information regarding sales, orders, and current inventory.
Proflux optimizes the flow of goods as well as product inventory levels by favoring cooperation across the entire supply chain. Industrial companies track the actual usage of each product reference by distributors in order to provision the right quantity at the right time.
By enabling industrial companies to calculate quantities accurately and prepare supply according to real consumption, Proflux enables distributors to keep inventory levels and associated costs down.
Automated sharing and analysis of inventory levels, sales data, and forecasts enable suppliers to anticipate procurement needs and thereby significantly reduce the risk of disruption.
Managing forecasts
Calculating needs
Generating procurement
Managing limit alerts
ICD worked with us to set up our procurement management solution and manage EDI workflows with our suppliers. ICD’s expertise in the automotive sector and their business abilities largely contributed to the success of this project.
Rachid Sallal – Director of operations, Logitrade