LGMT Discussion - Vendor-Managed Inventory (VMI)

LGMT Discussion-Vendor-Managed Inventory (VMI)

4.2  Vendor-Managed Inventory (VMI)

Discussion

Vendor-Managed Inventory (VMI) puts the responsibility for inventory management on the manufacturer instead of the retailer. However, for VMI to work, the manufacturer must have access to retailer sales and inventory data, something that a lot of firms are not willing to share. However, VMI has many benefits.

Discuss

Provide a short overview of VMI and its benefits, then conduct an Internet search for a firm that uses VMI and outline how the firm uses VMI to their advantage.

 Post and Engage

Post your initial response no later than the fourth day of the module week and return later in the week to respond to at least two of your peers. A minimum of two replies is required.

Engage and express critical thinking through your responses to promote an interactive learning experience. The minimum and maximum word limits for the initial post are 250 and 500 words respectively.

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