VMI(IoT) is most automated inventory management solution. It enables a complete physical inventory on each item 2x/day to trigger frictionless need-based replenishment with no human intervention by putting an IoT weight sensor under a bin of parts on a stationary rack.
The sensor measures the weight of the parts at user-defined intervals. When the weight, after being converted to quantity, falls below a minimum, a replenishment order up to the maximum is sent through the VMI(IoT) BackEnd cloud-based application, to the CSP’s ERP system. CSP’s Staff fulfills the order, the parts are shipped to the facility and the customer restocks the bins.
