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                                  Vendor Managed Inventory (VMI)

                                   
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                                  Vendor Managed Inventory means that the manufacturer manages the inventory of the distributor. The manufacturer is informed electronically, usually via EDI, about sales activity and stock levels at the distributor. The manufacturer reviews this information and decides when it is appropriate to start new production and replenish the distributor’s inventory.  
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                                  Date Created: 2011-10-31
                                  Posted by: Admin
                                   
                                   
                                  Vendor Managed Inventory (VMI)
                                   

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                                  See more terms on this page: Business Terms
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                                  Keywords:

                                  MBA, Online MBA, Vendor Manaaged inventory, College, University, BA

                                   






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