Genuine win-win situations develop through the closer integration of suppliers, which helps reduce inventory costs significantly. A good example is the support of consignment stores using nicando’s Supplier Managed Inventory module. The holdings are managed by the suppliers themselves so that the customer does not have to worry about it. This option allows suppliers to control their inventories better. Since the suppliers are also better informed about expected orders and are able to plan their production and inventories more efficiently, customers benefit from improved product availability.

Thus, on average, 17% more liquidity can be obtained from the inventory and availability can be improved in the process.