Vendor Managed Inventory (VMI) is a B2B strategy where a buyer or distributor of a product (we’ll call them Company A) lets the vendor or seller of that product (Company B) handle and control the ...
Let’s start this discussion by defining VMI. The simple translation is VMI stands for vendor managed inventory — but what does that mean, and how should that help you? Using the services of vendors to ...
Wouldn't it be great if every time the roll of toilet paper was near the end, it would magically be replenished? While there is no such thing as a toilet paper fairy, there are inventory fairies.
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