Analyzing the factors for VMI implementation

SINGH, RAJESH K

Analyzing the factors for VMI implementation A framework - 2013 - 169-186

Vendor managed inventory (VMI) is a collaborative strategy between a buyer and supplier to optimize the availabiltiy of products at minimal cost. Overall, invetory management cost palys a significant role in reducing supply chain cost. Specifically in the fast moving consumer goods sector, inventory turover ratio needs to be very high to compete in the global market.

MARKETING SUPPLY CHAIN MANAGEMENT

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