7 tips for a successful VMI project
Vendor Managed Inventory (or VMI) is a collaborative process in which a customer partners with a supplier to improve procurement performance.

The system depends on the availability of sales and inventory information from a distributor or an industrial company. A salesperson calculates consumption forecasts that are then expanded using a multitude of variables: stock, seasonality, sales, weather, transportation plans, etc. The system is based on the availability of sales and stock movement information from a distributor or industrial company. Finally, an order proposal is calculated and sent to the customer.

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