Inventory Management

Vendor Managed Inventory (VMI)

Carry less and sell more with Vendor Managed Inventory (VMI) from iQmetrix and our VMI Partners:

• OFFWIRE
• Mobile Line Communications
• Paramount Wireless
• Superior Communications
• Technocel
• TESSCO
• Wireless Xcessories Group

VMI is an automated inventory system that links processes and information from RQ4 directly to your supplier, creating an efficient and intelligent inventory system.

Maximize Profit - Eliminate dead inventory and sell more stock by carrying the products your customers want.

Save Time - Don't spend time worrying about counting inventory, creating purchase orders or forecasting product purchases.

Increase Accessory Sales - Maximize profit per invoice by having the right products at the right time.

How Vendor Managed Inventory Works

Capture Data - Each week your supplier will extract data directly from RQ4 in real-time - including min/max quantities, sales records, store promotions, current inventory levels and purchase orders.

Create Product Intelligence - Inventory is analyzed and evaluated to create a blueprint that will make ordering, timing and shipping products easy. Your inventory will be automatically replenished based on the data acquired.

Build Your Ideal Product Mix - VMI allows you to find your inventory equilibrium so you can carry less and sell more.

OFFWIRE 3/45 Program

iQmetrix and OFFWIRE are pleased to introduce the 3/45 program, a Vendor Managed Inventory program designed to help wireless dealers achieve 3 accessories and $45 margin for each phone sold.

• Virtually eliminate dead stock
• Transfer the risk of inventory to OFFWIRE
• Give your sales staff the training needed to sell more accessories.

Training - The OFFWIRE 3/45 program includes training for your staff through their Jump Start online training courses. Jump Start consists of over 20 online courses designed to teach your staff the skills needed to understand the cellular industry, provide them with up-to-date information on new products and trends, and help increase sales.

Promotions - OFFWIRE will run a quarterly promotion to motivate your sales staff with a sales competition, reward them with prizes and products and give them product knowledge, to help you move more products and increase your attachment.

Risk-Free Inventory - OFFWIRE fully integrates with RQ4, tailoring your accessory mix to fit specific store locations, and providing you with the right products at the right time with guaranteed no risk. Stock will ship every week based on sell-through levels, and every 90 days OFFWIRE will take back product that doesn't sell, therefore eliminating dead stock.