Vendor Managed Inventory (VMI) Software

Get the best vendor managed inventory (VMI) software for your business. Compare product reviews, pricing below. Read our buyer’s guide for more help.

Talk with an advisor
Get a free consultation from an independent system expert.
Or, call toll-free: (800) 827-1151
Talk with an advisor

Popular Products

No products found
Erply Screenshot
Erply business software is a point of sale software for retail with strong inventory workflows. Stocktaking, invoicing, and dashboard apps are all features that allow your retail business to become successful. Erply provides real-time updates and offline…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$19/month
Client OS
Web
Deployment
Cloud Hosted
Thrive Screenshot
Thrive Technologies provides a cloud based inventory optimization software that provides demand forecasting and inventory replenishment. The software aims to provide multi-location wholesale distributors and retailers with accuracy of projected demand at…
Client OS
Deployment
Cloud Hosted
EnterpriseIQ Screenshot
EnterpriseIQ
★★★★★
★★★★★
(1)
EnterpriseIQ by IQMS provides a wealth of business management functionality from a single source, on a single database. Only EnterpriseIQ totally integrates manufacturing and accounting with a complete suite of modules, eliminating the need for…
Client OS
Windows
Deployment
Cloud Hosted
TrueCommerce Screenshot
TrueCommerce
★★★★★
★★★★★
(1)
TrueCommerce EDI platform is uniquely designed to make it simple and easy to implement EDI, and even easier to afford. That’s why only TrueCommerce can provide all of the following benefits: Single-source, end-to-end solution - Everything you need to…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Web, Windows
Deployment
Cloud Hosted
Latitude WMS Screenshot
Latitude WMS
★★★★★
★★★★★
(6)
Latitude WMS is an advanced warehouse management system software package for industrial and retail distributors. The software is designed to automate core warehouse transactions like receiving/put-away, paperless multi-zone picking, cycle counting and…
Client OS
Mac, Web, Windows, Linux, iOS, Android
Deployment
On-Premises
Generix Group WMS Screenshot
The Generix Group WMS is a highly flexible and agile warehouse management system designed for companies that need their supply chains to be nimble, efficient, and scaling. The Generix Group WMS meets the needs of a wide range of regulatory and other…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Web, Windows, iOS, Android
Deployment
Cloud or On-Premises
Atlas Planning Screenshot
Atlas Planning is an end-to-end planning platform for your digital supply chain. Modern supply chains must immediately sense and respond to ever-changing demand patterns and disruptions in the marketplace. For over 20 years, leading companies have…
Client OS
Mac, Web, Windows
Deployment
Cloud Hosted
Vanguard Predictive Planning Screenshot
Vanguard Predictive Planning is an Integrated Business Planning (IBP) software that helps support all lines of business, quantifies risk probabilities, and auto-optimization of the plans. The solution is best used in supply chain planning environments to…
Client OS
Web
Deployment
Cloud Hosted
Softeon VMI Screenshot
Softeon Vendor Managed Inventory (VMI) helps track vendor inventory ownership and transfer of ownership at a DC and store level. This optimizes store replenishment based on forecasts or sales history. Softeon VMI intends to boost inventory planning and…
Client OS
Web
Deployment
Cloud Hosted
eTurns TrackStock Screenshot
eTurns TrackStock
★★★★★
★★★★★
(3)
eTurns TrackStock is simple, cloud-based inventory software that automates replenishment based on need and provides real-time inventory visibility into remote stockrooms. Using barcode scanners, smartphones, IoT weight sensors and RFID, eTurns TrackStock…
Starting Price
$175/month
Client OS
Web
Deployment
Cloud Hosted
QuickBooks Commerce Screenshot
QuickBooks Commerce (formerly TradeGecko) is a powerful cloud-based inventory and order management tool for modern online businesses. Combining manufacturing, sales channels, inventory locations, and currencies QuickBooks Commerce lets you manage every…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$20/month
Client OS
Web
Deployment
Cloud Hosted
Orderhive Screenshot
Orderhive
★★★★★
★★★★★
(1)
Orderhive is an automation software intended to improve your ecommerce operations through multi-channel order, shipping, and inventory management capabilities. All of your sales orders, stock updates, order updates, shipping label creation, and payment…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$44.99/month
Client OS
Web
Deployment
Cloud Hosted
Clear Spider Screenshot
Clear Spider
★★★★★
★★★★★
(3)
Clear Spider is designed to support the requirements of controlling inventory whether its yours, its needed for an e-commerce store, its consigned or its at a 3PL. The software is workflow enabled to emulate your processes. It also has task notification…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$300/month
Client OS
Deployment
Cloud Hosted
Fishbowl Inventory Screenshot
Fishbowl Inventory
★★★★★
★★★★★
(9)
As companies grow they find that the QuickBooks Inventory control capabilities are no longer sufficient for their inventory control needs. They expand beyond multiple locations, the number of products they stock increases, they move into manufacturing…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$4,395 (perpetual license)
Client OS
Mac, Windows
Deployment
Cloud or On-Premises
3PL Warehouse Manager Screenshot
3PL Warehouse Manager from 3PL Central is a cloud-based warehouse management solution that serves your customers so you can operate more efficiently and grow faster. This makes it easy for warehouses to manage inventory, automate routine tasks, and…
Client OS
Web
Deployment
Cloud Hosted
Warehouse Management - WISE Screenshot
Warehouse Management - WISE
★★★★★
★★★★★
(1)
WISE features comprehensive Inventory Control that affords immediate visibility to all. It is a real time system that can integrate into your existing host systems or stand-alone. Receiving, dynamic put away, let downs replenishment and forward pick are…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Web, Windows
Deployment
Cloud Hosted
Da Vinci Screenshot
Da Vinci is Wolin Design Group’s cloud-based or on-premise supply chain management (SCM) solution designed specifically for small and midsize 3PLs, internet retailers and wholesale businesses with demanding warehouse, fulfillment and transportation needs…
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$149/month/user
Client OS
Web
Deployment
Cloud or On-Premises

We searched and searched, but we couldn’t find any products in our database that match your criteria. Perhaps our team of software experts can help? They’d be happy to provide a list of free vendor managed inventory (VMI) software recommendations that meet your exact requirements.

Sort by 
Filter by User Rating
Filter by Price Range
Filter by Deployment
Filter by Client OS
LinkedIn

Vendor Managed Inventory (VMI) Software Buyer’s Guide

What is Vendor Managed Inventory (VMI) Software?

Vendor managed inventory software, also known as VMI software, is an inventory management software where a vendor creates orders for their customers based on demand information they receive from the customer. VMI systems support the practice of managing inventory stored at a customer’s site. These solutions allow a supplier of goods (such as a manufacturer) to optimize the inventory held separately by the buyer (usually a distributor or retailer) by telling the supplier how much of each item to send to a customer’s location.

The most important use of this type of solution is for replenishment purposes. VMI software utilizes stock status data such as on-hand inventory, daily sales, and goods in transit information that is provided directly from the customer. This data (usually received via EDI software documents) helps generate demand forecasts in order to create optimized vendor managed inventory orders.

A VMI system follows a supply chain planning process similar to distribution requirements planning (DRP software), which calculates inventory requirements and generates purchase orders and inventory transfers to meet the replenishment needs of their customers. Implementing this software in your supply chain management environment will help you deliver goods to your customers more efficiently by determining the type of goods, the number of goods, and the location that has those goods in stock that will be needed to meet any demand.

Softeon VMI Software Dashboard
The dashboard of Softeon VMI.

Should Your Business Implement A Vendor Managed Inventory (VMI) Software?

Implementing a vendor managed inventory system with your clients and customers is the beginning of establishing a long-term relationship. In a traditional setting, a buyer is the one making decisions about order sizes and quantities. With a VMI approach, the supplier themselves determine the order size–meaning they are making decisions on behalf of the buyer. These decisions impact order costs, inventory holding costs, and have a direct impact on the stock levels at both organizations.

For the vendor, a vendor managed inventory software helps reduce business volatility while keeping a steady cash flow. They will also have better insight into the customer’s wants and needs–making it easier to provide quality service. Retailers and distributors (the buyers) can also benefit in many ways. Products tend to be shipped to the customers ahead of schedule–as the supplier will simply treat them as another inventory location. Whenever the buyer decides to consume a part of the inventory, they will be promptly invoiced. This allows immediate access to the materials and goods that they need at that moment.

A VMI software will operate similarly to a standard inventory system. The customer can quickly scan item barcodes to determine the location in their own warehouse. As the item is taken into use by the customer, the software will automatically order a new item from the vendor’s supply source.

![ERPLY Inventory vendor managed inventory software]/images/screenshots/screenshot-erply-inventory-350275) Manage inventory products in Erply.

Features of Vendor Managed Inventory (VMI) Software

  • Inventory Management: Keeps track of all information about the items that your company builds, buys, stores, or sells. Simplifies pricing products and helps maintain the most effective stock levels. Includes lot and serial traceability.
  • Demand Forecasting: Forecast demand for a product so it can be developed and shipped as efficiently as possible. Coordinates data from separate units of your customer’s business (primarily sales, marketing, and operations) to make more informed supply chain planning decisions. Increases inventory turns and fill rates. Identify non-performing inventory SKUs and avoid overstocking.
  • E-Commerce: Integrate with shopping carts and web stores in order to streamline shipping options, payment options, and inventory levels. Manage the goods being sold via your eCommerce store with a stock control system or warehouse management system (WMS). Simplifies pricing products and helps maintain the most effective stock levels. Lets you know exactly what you have on hand and where to find it.
  • Electronic Data Interchange (EDI): Facilitates the exchange of business documents from one computer to another in a standard electronic format between trading partners. Includes data such as shipping statuses, invoices, purchase orders, inventory documents, and customs information.
Thrive Vendor List VMI Systems
View a list of vendors in Thrive.
*

Benefits of Vendor Managed Inventory (VMI) Software

The top benefits of vendor managed inventory solutions include:

Stay Compliant With Your VMI Agreements With The Correct Stock Counts

As VMI agreements are private contracts, they are not regulated by any legal code nor is there any codified structure to conform to. However, their importance in VMI relationships cannot be understated.

When you work alongside your client, you’ll conduct a collaborative forecasting effort to discover mutual goals between both businesses. Examples include the number of inventory turns or desired service levels. These are the types of things you’ll want to honor on a consistent basis–something VMI software will help you achieve.

VMI software will allow your client the ability to access the software and view their item forecasts. This will allow them to provide feedback and maximize forecast accuracy and reduce unncecessary overstocking on the business side.

TrueCommerce Transaction Details VMI Solutions
View pick and pack transaction details in TrueCommerce.

Reduce The Number Of Returned Goods

Since VMI software gives you direct access to your customer’s inventory levels, your business will be put in charge of ensuring clients have the proper level of inventory on-hand to fulfill orders. This is especially important in consumer packaged goods (CPG), or merchandise that customers use up and replace on a frequent basis. This includes food, beverages, cosmetics, and cleaning products.

Vendor managed inventory solutions ensure overstocking issues never come about. The distributor or retailer inventory levels are closely monitored to ensure proper stock levels based on their past, current, and expected sales. With the headache of returns eliminated from your warehouse, your business can face less pressure in their day to day operations and focus on more important tasks.

Likewise, since these solutions calculate the volume of products required at multiple locations, it can also help determine the most optimal vehicle movements. This is accomplished through accurate demand forecasting–allowing you to analyze and predict sales trends across multiple customers, products, and time periods.

Latitude WMS Daily Activity Sheets Vendor Managed Inventory Software
View daily activity sheets in Latitude WMS.

Calculate Seasonal Consumption Spikes

Seasonal demand for specific goods can create disruption in the market due to capacity constraints. Examples include holidays such as Christmas shopping, or rises in certain types of consumption (such as turkeys on Thanksgiving or flowers on Valentine’s Day).

By planning ahead, customers can ensure supply chain success. Any repetitive or predictable patterns of demand can re-occur at anytime, making it usually hard to forecast future demand. This can lead to selling products off in end-of-season or potentially losing out on sales.

By taking seasonality into account, as well as changing demand trends, you’ll be able to stay ahead of consumption trends while limiting the risk of stockouts. This can let you rely on your busy seasons to make the msot of your money and ensure optimum product availability. Equally, you can prevent excess stock levels to avoid cashflow problems.

Replenish Inventory eTurns Trackstock VMI Software
Replenish inventory in eTurns Trackstock.