High service levels and lower prices have become strong means of competing for most companies today. But balancing goods replenishment in the most optimal way, based on shifting market demands, is not easy. Envecon provides advanced support for vendor-managed inventory (VMI), an inventory model whereby the supplier takes responsibility for replenishing. the customer’s stock and ensures that agreed volumes, service and quality are maintained. This can also be combined with consignment stock.
Envecon offers IFS Applications which simplifies the supply chain by enabling shorter order cycles, so that the customer and the supplier can maintain lower stock levels. Easier handling also means that customers get faster, better service. Customers don’t need to spend time monitoring inventory and orders and can focus instead on strategic, value-adding activities thanks to the IT support that Envecon provides.