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Datalliance Presents Vendor Managed Inventory at the WIT Buying Group Meeting(April 12, 2012)
CINCINNATI, OH -- (Marketwire) -- 04/12/12 -- Datalliance, the leading independent supplier of Vendor Managed Inventory (VMI) services and WIT service partner, conducted a VMI workshop for 120 purchasing agent executives at the WIT 2012 Distributor/Vendor Conference in Dallas, TX. Tom Hoar, Datalliance Director of Sales Plumbing & HVAC, led the 2+ hour workshop, focused on how VMI is currently helping industry leaders reduce stock-outs, improve inventory turns and increase sales, specifically with WIT members.
This workshop outlined how the VMI process changes the way distributors and wholesalers conduct business with key manufacturers. Attendees learned how this collaborative approach strengthens business partnerships, improves supply chain efficiencies and truly delivers financial value for both parties. Tom Hoar explained, "VMI is rapidly expanding in the plumbing, heating and cooling segments and there has been a growing level of interest with WIT members. WIT members have shown a strong commitment to improving their supply chain operations. The existing collaboration between WIT members truly shows the level of trust and collaboration that provides a foundation for VMI success."
The participation of WIT members Canplas, Consolidated Supply, MDM Supply and Ward Manufacturing allowed other members to understand how VMI can help them attain their business objectives. In addition to Tom Hoar's VMI expertise, the session was supplemented by the VMI experiences of Mike Gilroy (Canplas), Jeff Konen (Consolidated Supply), Mike Larkey (MDM Supply) and Curtis Engel (Ward Manufacturing).
Charlie Moorhead, WIT EVP and COO, said, "Vendor Managed Inventory is a collaborative process that allows our members to profitably grow their businesses. Datalliance is the leading provider of Vendor Managed Inventory in the plumbing, heating and cooling industry and they understand the business, operational and technical needs of our WIT member base. We encourage WIT members to stay ahead of the technology curve and take advantage of rapidly growing processes like VMI. WIT already has quite a few member companies gaining financial benefits from VMI and our members trust Datalliance and appreciate the VMI expertise they bring to the table."
Datalliance is a leading provider of collaborative commerce services, and the world's largest independent Vendor Managed Inventory service provider. Delivered via the Internet using the 'Software as a Service' (SaaS) model, Datalliance solutions make it easy for suppliers and their customers to establish sales and inventory management relationships that fully align business objectives, improve collaboration, and streamline supply chain operations. Datalliance manages billions of dollars in orders, millions of SKUs, and thousands of locations for leading Fortune 1000 companies in a number of industries. For more information about Datalliance, visit www.datalliance.com.
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