Vendor-managed inventory

Vendor-managed inventory (VMI) is a supply chain practice where the supplier is responsible for managing and replenishing inventory for the customer. This approach allows the vendor to monitor the customer's inventory levels and make decisions about restocking quantities and timing, leading to improved inventory turnover and reduced stockouts. VMI primarily benefits retailers and distributors by enhancing inventory management, reducing costs, and improving supply chain efficiency.

Vendor-managed inventory was discovered on November 22nd 2020 and it currently has a search volume of 12.1K with a growth of +6100%.