Vendor managed invetories

Dr. B.L. Yadav

Assistant professor
Vendor Managed Inventory (VMI) is a business model
where the buyer of a product provides information to a vendor of that
product and the vendor takes full responsibility for maintaining an
agreed inventory of the material, usually at the buyer's consumption
location
Vendor: A vendor is a general term used to describe any supplier of goods or
services. A vendor sells products or services to another company or individual.