Trending VMI Discussions

With regard to ERP what is Vendor-Managed Inventory (VMI)?‎

How do you evaluate a vendor's performance in an FMCG/ Durables company provided there's no mechanism of VMI? ‎

 

Answer added by  Rehan Qureshi, Financial Consultant, Self Employeed
10 years ago

Vendor-managed inventory (VMI) is a process where the manufacturer generates orders for the distributor based on demand information sent by the distributor using Enterpri ... See More

 

Answer added by  Muhammad Jahanzaib, Administration Management & HR Professional , The Indus Health Network
11 years ago

7 Tips how to Monitor Vendor Performance   It makes no difference what business you are in, suppliers and vendors play a key role in your company's success. Having a ... See More

 

Answer added by  Mohammad Tohamy Hussein Hussein, Chief Executive Officer & ERP Architect, Egyptian Software Group
10 years ago

VMI is allowing vendors to manage your stock levels of their products. Based on your agreement with the vendor, the vendor will monitor your consumption of his supplied i ... See More

 

Answer added by  Debarya Ghosh, Executive, Berger Paints India Ltd
11 years ago

Thanks for your reply. But do you believe all this is possible if you don't have a platform or tool to monitor any activities from vendor's end. If not what do ... See More