Tag: vendor

Vendor Managed Supply : The Win, Win Relationship

A more collaborative relationship with our customers and suppliers will benefit all concerned. Vendor Managed Inventory (VMI) is one way to develop a more collaborative relationship and many companies have tried it. Some have even had success in achieving both financial and operational benefits. But often it is only the customer who benefits from VMI. Vendor Managed Supply, (VMS) is a truly collaborative relationship that delivers what has long been expected of VMI and more. Leading companies are going beyond VMI to adopt Vendor Managed Supply because they recognise that it is vital that key suppliers also benefit.

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