Question: Vendor Managed Inventory (VMI) is an important tool for Inventory Management. Discuss how this works and explain the benefits that accrue to both the supplier

Vendor Managed Inventory (VMI) is an important tool for Inventory Management. Discuss how this works and explain the benefits that accrue to both the supplier and the customer.

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Vendor Managed Inventory VMI is a supply chain management practice in which the supplier takes responsibility for managing the inventory levels of their products at the customers location In this arra... View full answer

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