Bright solution: Lithonia Lighting turns on Datalliance SaaS-based VMI
Datalliance, provider of vendor managed inventory (VMI) and other e-commerce services, says Lithonia Lighting , an Acuity Brands lighting business, will use Datalliance VMI as a service. Lithonia will initiate its VMI program implementation with a pilot distributor site and then will roll out VMI to a select base of distributors.
Lithonia Lighting identified VMI as strategic technology to enhance an electronic partnership with key distributors.
“VMI will give us better visibility of actual product sales for each distributor,” says Amra Boucher, manager, E-Business Services, Lithonia Lighting. “This detailed sales information will help us evaluate and fine-tune our product offering to determine the most profitable mix of products for individual distributors. We expect that our distributors will benefit from VMI by decreasing inventory levels, increasing turns, and reducing stock-out situations.”
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey