TS Consign™ (VMI)

ThoughtSpeed™'s Consignment solution makes the management of inventory easier for manufacturers/suppliers and their customers. A hosted SaaS (Software-as-a-Service) system, TS Consign™ eliminates costs by providing a single source of information and eliminating a lot of the paperwork involved with inventory tracking. It reduces the amount of effort required to audit the inventory and manage product returns/recalls.

For the supplier, visibility of inventory levels at customer sites translate into shorter replenishment cycles. This contributes to increased sales thanks to fewer stock-outs and communication delays. Customer service is improved as a result and efficiency increases for both the customer and the supplier.

TS Consign™ employs scanning and RFID technologies to feed real-time data to the online system.