What is Vendor Managed Inventory (VMI)? Supply Chain Explained.
ThroughPut
JUNE 5, 2024
Vendor-managed inventory (VMI) is a collaborative supply chain management strategy where the vendor (supplier) manages the inventory levels at the customer’s location. This management involves the vendor monitoring stock levels, forecasting demand, and replenishing inventory. How does VMI work? What is the purpose of VMI?
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