Vendor Managed Inventory
Vendor Managed Inventory (VMI) is a commonly used term in companies that distribute products in the consumer goods and retail space. Often software vendors claim to support vendor managed inventory requirements simply through defining a separate ‘warehouse’ for inventory that is stored at the customer’s facilities. This answer however, only addresses part of the challenge that manufacturers and distributors face when trying to maintain vendor managed inventory programs.
Read more at the Advanced Distribution Software Blog.
