Vendor Managed Inventory (VMI)

  Vendor Managed Inventory programs are a powerful way to leverage an organization's strengths and focus on your core competencies.  Vendor Managed Inventory places the responsibility of selected services and or items on a chosen supplier.  In most cases the supplier will handle all agreed upon aspects, Which would include:

1. Tracking Inventory
2. Ordering Inventory
3. Logistics
4. etc.

   **Discussion Opportunities: Answer in comments below.

•  What benefits do you think a company would gain by pursuing vendor managed inventory?
•  What risks might a company take by using a vendor managed inventory system?