VMI better known as Vendor Managed Inventory seeks to optimize inventory management, enlistment and order preparation, through supply chain management. It is a cooperative model between client and supplier that share crucial information for the administration, management and replenishment of inventories.
The process of a VMI Inventory can be described in: data communication, calculations, monitoring and reporting.
To guarantee its operation and evolution, 3 essential elements must be taken into account:
3. Communication. The correct operation of the VMI is based on the constant communication between the parties to understand the limitations and opportunities of each of them. There must be constant communication between provider and customer.
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