The Genesis VMI solution
Web-based Genesis is designed to streamline VMI and consignment stock by computerising the management of consignment and VMI stock. Genesis monitors stock levels in real-time using mobile phone GPRS technology and bar code scanning. The client sets minimum stock levels for each item and real-time reports to the supplier allow for constant monitoring of stock levels.
The benefits of Genesis VMI are clear:
- Reduced Costs by up to 30%
Genesis will reduce the costs of managing your VMI/Consignment stock while providing more management control than available ever before. - Increased Control
The ability to prevent stock-outs and to know the exact usage by department, right down to the individual user makes Genesis an ideal tool for reducing inventory costs and improving efficiency. - Prevent Stock-outs
Genesis helps to prevent costly and disruptive stock-outs by giving exact usage by department. - Increased Customer & Vendor Efficiency
Both customer and vendor can work together to track the performance in real-time of the VMI system by improving its overall efficiency on an ongoing basis. The customer and Vendor can work together to reduce costs and monitor overall performance to improve efficiency - Real-time reports
All reports are “live” – no more “historical data”. Reports can be easily customised by individual users to suit their particular requirements.