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Analyzing the factors for VMI implementation A framework

By: Material type: Mixed materialsMixed materialsPublication details: 2013Description: 169-186Subject(s): NLM classification:
  • 658.8
In: GLOBAL BUSINESS REVIEWMSummary: 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.
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Periodicals/Magazines Periodicals/Magazines SSCBS Library 14/1 Available P14868

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.

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