TrueCommerce has introduced key updates to its Vendor Managed Inventory (VMI) solution. The enhancements are designed to help manufacturers across various industries like consumer packaged goods (CPG), retail, and industrial wholesale products to better manage inventory to their distribution network, giving suppliers and distributors more accuracy and visibility into their ordering process.
The TrueCommerce VMI solution updates include:
Automated Planner. Users work with TrueCommerce to configure a workflow of decisions and actions that automate worksheet review tasks to improve consistency and efficiency in reviewing and launching orders.
Lot/Batch Management. The updated lot/batch management system improves visibility for suppliers and distributors. It helps track the location and freshness of perishable goods and enables users to see batch expiration dates. This triggers alerts for items that won't sell before expiring. As a result, suppliers and distributors can collaborate and manage expiration dates on shipments, preventing products from expiring before reaching shelves and reducing waste.
Transport Efficiency. TrueCommerce’s native truck building functionality can now support mixed pallets and loose case floor position assignments. This functionality determines how a full pallet of an item can be stacked with another item to fill a floor position.
Future Demand-Driven Replenishment. The Advanced Demand Forecasting capability uses a sell-through forecast signal to drive replenishment planning and decisions.
