Welcome to EDM's Vendor Managed Inventory (VMI) newsletter. Based on several industry sources, Vendor Managed Inventory technology continued a strong growth trend throughout 2004. As we analyzed our own Datalliance activity, we identified a significant increase in customer base VMI activity:
- Number of locations managed by VMI increased 66%
- More than $4.5B in VMI sales transactions processed through Datalliance system
- Number of suppliers with VMI capability increased by 40%
VMI is commonly recognized as one of the supply chain applications that delivers clear value to all parties in a variety of industries. Over the course of 2004 we experienced an increased usage of VMI in Medical Products, Aviation, and Automotive industries as well as in the traditionally strong VMI industries of Heavy Duty, Electrical, and General Industrial. In addition to our 2004 growth, we have already signed up four new VMI users in 2005. With this strong start in 2005, we anticipate continued growth in both the interest and implementation of VMI across all industries.
Please click here to read the complete story.
EDM is sponsoring a webinar on March 17, 2005 at 2:00 p.m. EST entitled "VMI 101". The session is intended as a general introduction to the topic Vendor Managed Inventory. (See Events for details)
We continue to enhance our Datalliance service, data center operations, and customer service. More information on all of these topics is covered in the details of this newsletter.
As always, I encourage you to continue to provide us with input on topics for future editions of this newsletter. Please feel free
to contact me at carl@edm1.com with your ideas
and suggestions. I hope you enjoy the newsletter!
Carl Hall, President, EDM
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