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.
- Enterprise terms
- Vendor Managed Inventory
- What is vendor managed inventory explain with an example?
Vendor Managed Inventory - What is vendor managed inventory explain with an example?
Vendor Managed Inventory Definition Vendor managed inventory (VMI) is a supply chain agreement where an upstream agent (e.g. supplier or manufacturer) takes control of the inventory management decisions for one or more downstream agents (e.g. retailers) (Fry, 2011).