Keyword Analysis & Research: vmi

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What does VMI stand for?

What is VMI (Vendor Managed Inventory)? VMI is short for vendor managed inventory. The name pretty much tells you the most important part of the story: it’s a way for the vendors or suppliers to manage the inventory. This is done to meet the needs for Just-In-Time (JIT) production.

What is VMI and how does it benefit distributors?

Vendor managed inventory is a system of inventory management wherein a manufacturer, who is also a supplier, takes up the responsibility of optimizing the distributor’s inventory stocks. It is a B2B (business-to-business) strategy that also enhances the supplier-distributor relationship and collaboration, helping both parties together align ...

Is VMI worth it?

Vendor Managed Inventory (VMI) can save you a lot of time and money — as well as a lot of sleepless nights. In fact, the higher the volume of class "c" components you're responsible for, the more VMI, or a supply chain specialist, makes sense for you. They'll own the inventory.

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