Collaborative Inventory Management (i-Supply)
i-Supply helps buyers and suppliers optimize inventory levels across multiple tiers of the supply chain, eliminate manufacturing disruptions, and be more responsive to end-customer demand.
Buyers
i-Supply provides real-time visibility into inventory status to minimize supply chain risk and disruptions:
- Reduce production downtime caused by inventory stock outs
- Eliminate excess inventory and reduce carrying costs with Lean order planning
- Reduce administrative costs across the supply chain
- Communicate business needs accurately and in real time
- Improve predictability through continuous visibility into order status and shipping schedules
- Evaluate supplier effectiveness at maintaining inventory levels
- Reduce emergency shipments and premium freight charges
Suppliers
i-Supply enables suppliers to support a variety of inventory replenishment models with their customers, including both pull-based models (Kanban and min-max inventory management) and traditional push-based models. i-Supply allows suppliers to ship the right amount of items at the right time, and make fewer expedited and emergency shipments.
- Improve predictability of delivery
- Reduce unplanned schedule changes, overtime and week-end schedules
- Control just-in-case inventory levels
- Curtail emergency shipments and expedited freight charges
- Reduce inventory levels without impacting delivery schedules
