How does Infor M3 assist in vendor managed inventory (VMI)?

Infor M3 supports vendor managed inventory (VMI) primarily by providing suppliers access to inventory data, which enables them to manage stock levels more effectively. This real-time visibility into inventory can lead to more accurate forecasting and replenishment, allowing suppliers to make informed decisions about when and how much stock to ship. Such access ensures that suppliers can proactively manage their inventory, reducing the risk of stockouts or excess inventory.

Moreover, with detailed inventory data, VMI creates a collaborative environment between the supplier and the retailer, where both parties can optimize stock levels based on consumption trends and sales patterns. This dynamic management can result in improved service levels, reduced carrying costs, and ultimately a more efficient supply chain.

The other options do not align with the core capabilities and goals of VMI, which focuses on collaborative inventory management rather than simply increasing the number of suppliers or minimizing interactions. Therefore, providing suppliers access to inventory data is crucial to enhance their ability to manage stock effectively.