VMI Overview
VMI stands for Vendor Managed Inventory. It is a partnership between the customer and supplier
in which the supplier takes responsibility for maintaining an agreed inventory at the customer's
business, replenishing stock on a set cycle, eliminating the processes traditionally handled
by the customer’s purchasing and material handling departments.
VMI is an efficient replenishment concept that focuses on improving the flow of products in the
supply chain, from the supplier to the customer and eventually to the customer’s end consumer.
- Method
- Replensihment
- Replenish
- Forecast Demand-Driven
- Min/Max Inventory
- KanBan
- Target Specific
- Location
- Delivery
- Locations
- Point of Use Location
- Central Stocking Location
- 3PL Logistics
- Offsite Locations
- Tech
- Vendor Managed Inventory
- Technology
- Electronic Integration
- iPhone BSID Scanning
- 360 Degree Forecasting
- CIN Portal
VMI LINECARD
