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Essay heading: vendor managed inventory
 
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Issue: Business
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Date added: September 23, 1999
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No of pages / words: 3 / 737
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This is the primary transaction ? The second transaction contains and deals with the product numbers and the quantities ordered by the supplier as the customer requests In all of its forms VMI should be about improving visibility of demand and product flow in a supply chain, facilitating a more timely and accurate replenishment process between a supplier (vendor) and an inventory site (customer, distributor, distribution center, etc?)...
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The application of VMI can be at any point within a supply chain: Manufacturer ? Wholesale Distributor Wholesale Distributor - Retail Manufacturer - End Customer Wholesale Distributor ? End Customer Manufacturer ? Internal Inventory Sites Inventory is the proxy for information. In the absence of timely and accurate consumption data, each node in the supply chain compensates for the lack of information with inventory...
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