Optimising perishable inventory
In this insight we outline five ways to improve inventory management for products with a short shelf life.
The Vendigital way is data led. Whether data comes in the form of multiple spreadsheets, from one or several systems, or via third party sources, we consolidate, transform and process it to generate and embed client-specific operational insights.
Through our Analytics Suite we give clients access to our Spend Analytics and Supplier Analytics tools, helping to rapidly identify cost optimisation opportunities and performance improvements, all delivered through our secure, cloud based portal environment.
Designed by purchasing professionals for purchasing professionals, Spend Analytics provides instant access to valuable business intelligence, drives efficiencies, and accelerates business performance. It offers a powerful, highly intuitive means of placing spend information at the client’s fingertips, through a user-friendly, customisable interface. Delivered as a managed service through our secure portal environment, Spend Analytics enriches the outputs of traditional ERP and MRP systems and provides instant answers to those procurement questions you just haven’t be able to reach.
• Macro-to-micro drill down by site, supplier, category and many more
• Transaction-level direct & indirect material analysis and deep insights
• Visualisation of key strategic and operational procurement metrics that allow you to take action in confidence
• Full control over method of calculation of KPIs to your business
• Unparalleled insights within complex supply chains, allowing you to drill down to the cause in seconds
• Ability to mitigate cost increase before they happen
• Smart data processing technology combined with human intelligence providing data integrity you can rely on
• Price variance
• Payment terms
• Transactional level part and supplier analysis
• Procurement benchmarks
• Supplier harmonisation
• Low-Cost Region
Discover how our analytics tools can help
Our Supplier Analytics application enables our clients to analyse and track quality, cost and delivery (QCD) performance across the business together with a scorecard solution that allows interaction with your supply chain. Using Supplier Analytics, clients can constructively engage with their supply base and drive performance improvement collaboratively.
• Analyse and track QCD performance across the business
• Macro-to-micro analysis allowing you to get to the root cause
• Facilitates boardroom engagement and input to the strategic direction
• Invite suppliers to review their performance data
• Issue scorecards to suppliers and improve data integrity through collaboration
• Track supplier engagement to facilitate targeted communication
• Enable fact-based conversations with suppliers on areas for improvement
• OTIF performance
• Quality performance
• Price performance
• Contract Management & Terms analysis
• Supplier Scorecards
WHATEVER YOUR REQUIREMENTS, WE PROVIDE SOLUTIONS TO FIT YOUR BUSINESS NEEDS…
In this insight we outline five ways to improve inventory management for products with a short shelf life.
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