Identification of Most Important and Easy to Implement Key Components of Vendor Managed Inventory (VMI) In manufacturing Industry

  • Viyat Varun Upadhyay

Abstract

Vendor Managed Inventory is a technique which attempts to optimize the supply-chain by simultaneouslymanaging inventory and routing. In Vendor Managed Inventory system, the supplier must have all the information about customer requirement so that he can take decision about level of replenishment and timing. All these things will ensure that customer do not go stock out.

Published
2020-05-15
How to Cite
Viyat Varun Upadhyay. (2020). Identification of Most Important and Easy to Implement Key Components of Vendor Managed Inventory (VMI) In manufacturing Industry. International Journal of Advanced Science and Technology, 29(10s), 6495-6502. Retrieved from https://sersc.org/journals/index.php/IJAST/article/view/23111
Section
Articles