Cloud Inventory Management Solutions (Web*VMI™)
Optimize supply chain with inventory visualization & collaboration
Web*VMI is a cloud service, which fully takes advantage of DaaS.
Data as a Service (DaaS) is a collection of services, processes and tools that enables digitization projects inside and outside the enterprise. DaaS strives to deliver extremely secure methods of collecting, transforming and sharing valuable data between the source (one to many) and the destination (one to many).
With these DaaS features, Web*VMI service can be described as below.
Challenges
- Solving excess or dead product and material inventory
- Minimizing material inventory
- Stocking materials appropriately based on production status and demand
- Saving labor costs related to material buy-in and inventory management
Solutions
With the introduction of Web*VMI (Vendor Managed Inventory), customers can securely store and share plant inventory, production and demand/supply data on the cloud, as well as achieve an automated supply chain.
- Provide an exclusive website for inventory and usage monitoring, alert setting, ERP system orders and inventory data sharing between a customer and multiple suppliers
- Allow suppliers to provide materials based on the plant inventory status
Benefits
- Keep sustainability of supply to the market
- Increase supply chain efficiency
- Reduce 30-60% excess inventories
- Reduce 5-25% delivery costs

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