Enterprise glossary and term center

Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.

Vendor Managed Inventory - What are the benefits of vendor managed inventory?

5 Vendor-Managed Inventory Benefits. Improved alignment of inventory with customer demand. ... Streamlined processes and lower costs. ... Improved data insights. ... Closer collaboration with customers. ... Improved sales figures. ... Develop a Good Data-sharing Process. ... Have Clear Goals. ... Dedicate Staff to Making VMI Work Well.