{"id":519,"date":"2022-04-12T11:41:36","date_gmt":"2022-04-12T14:41:36","guid":{"rendered":"https:\/\/neogrid.com\/en\/what-to-look-for-in-a-vmi-operations-platform\/"},"modified":"2022-04-12T11:41:36","modified_gmt":"2022-04-12T14:41:36","slug":"what-to-look-for-in-a-vmi-operations-platform","status":"publish","type":"post","link":"https:\/\/neogrid.com\/en\/what-to-look-for-in-a-vmi-operations-platform\/","title":{"rendered":"What to look for in a VMI Operations Platform"},"content":{"rendered":"<p>After you\u2019ve decided to adopt <a href=\"https:\/\/www.neogrid.com\/en\/solution\/vendor-managed-inventory-vmi\" rel=\"noopener noreferrer\" target=\"_blank\">Vendor Managed Inventory<\/a> (VMI) programs, the next step is to find a great VMI solution. With so many companies offering these systems and each claiming to be the best, it\u2019s upon you to compare the different options to determine which VMI operations platform is right for you. Here are some things to look for.<\/p>\n<ul>\n<li><strong>Does it work?<\/strong><\/li>\n<\/ul>\n<p>This point is so obvious that some people overlook it or take it for granted. But the sad truth is that software companies are excellent promoters of their products. Most of them are known to over-promise and under-deliver. In order to get the truth, go beyond the provider\u2019s website. Check third party sources such as industry groups and forums for individual opinions and user reviews, find out about the vendor\u2019s reputation, and consider their experience. You want to choose a vendor with a proven track record.<\/p>\n<ul>\n<li><strong>Can it scale?<\/strong><\/li>\n<\/ul>\n<p>As your business grows, the VMI system should be flexible enough to support this growth. Consider where you want to be in five years time and find out if the VMI system has the capacity to scale proportionally to support your needs through the journey. If possible, look for a vendor whose solution is utilized across a diverse landscape of customers who have experience with both modest and large VMI programs.<\/p>\n<p><strong><em>(Learn more about <\/em><\/strong><a href=\"https:\/\/www.neogrid.com\/en\/solution\/vendor-managed-inventory-vmi\" rel=\"noopener noreferrer\" target=\"_blank\"><strong><em>NeoGrid\u2019s VMI Solutions<\/em><\/strong><\/a><strong><em>&nbsp;and how we can help you optimize your order and logistics processes.)<\/em><\/strong><\/p>\n<ul>\n<li><strong>Price<\/strong><\/li>\n<\/ul>\n<p>When it comes to VMI systems, the expression \u201cyou get what you pay for\u201d is absolutely true. The best VMI programs cost a lot of money. However, this doesn\u2019t mean you should look for the most expensive VMI solutions. Instead, compare your options based on \u2018Total Cost of Ownership.\u2019 Go with a provider that follows a standard SaaS pricing model with very little ancillary changes.<\/p>\n<ul>\n<li><strong>IT Impact <\/strong><\/li>\n<\/ul>\n<p>Lastly, consider the impact on your current IT infrastructure. While the IT department rarely makes the final decision regarding VMI purchase, their experience and technical ability will play a key role in the platform you choose. Additionally, instead of choosing a platform that requires significant hardware investment or software installation and maintenance, you would be better off with a hosted (cloud) solution. Cloud-based VMI programs are not only less expensive but are also easier to implement, maintain, and support.<\/p>\n<h2>Summary<\/h2>\n<p>There are several other factors you might want to consider depending on your individual needs. But a VMI operations platform with these four qualities would be a great choice altogether.<\/p>\n<p><strong>Download our retail supply chain collaboration white&nbsp;paper to learn the seven most important criteria in selecting a new supply chain&nbsp;platform.&nbsp;<\/strong> <a href=\"http:\/\/cta-redirect.hubspot.com\/cta\/redirect\/1848067\/90035089-5d1f-4cbf-9ad6-19fee6d52e76\" rel=\"noopener noreferrer\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/no-cache.hubspot.com\/cta\/default\/1848067\/90035089-5d1f-4cbf-9ad6-19fee6d52e76.png\" alt=\"Download Retail Supply Chain Collaboration White Paper\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Price, IT Impact, scaling and a few other important factors to consider when looking for a VMI operations platform.<\/p>\n","protected":false},"author":1,"featured_media":520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What to look for in a VMI Operations Platform &#8212; 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