Introducing VMI into your business can help to increase sales and reduce Supply Chain costs
Vendor Inventory Management (VMI) improves the traditional ordering process by providing a streamlined approach to replenishment, inventory management and order fulfilment.
VMI allows suppliers and distributors/retailers to actively collaborate in the improvement of the supply chain performance, bringing great benefits to both parties, including:
- Increased sales and reduced out-of-stocks
- Increased inventory turns and reduced operating costs
- Increased collaboration
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