VMI Grabs Hold
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Magazine Article, Source : The Manufacturer US
Published : March 2003
Chet Dembeck takes a hard look at vendor managed inventory, which some say is the next step in just-in-time inventory.
Introduced in the late 1980s by such companies as Wal-Mart and Proctor & Gamble, vendor managed inventory is slowly gaining traction. Vendor managed inventory (VMI) is a partnership allowing a manufacturer or sometimes a distributor to take over...
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