Respuesta :
Vendor Managed Inventory occurs when the supplier, rather than the retailer, manages the entire inventory process for a particular product or group of products, resulting in more effective inventory replenishment.
Vendor-managed inventory is an approach to inventory control where a provider of the product, typically the manufacturer, is in charge of making the most of the stock that a distributor has on hand. A retailer determines the order size on its own in traditional inventory management.
Vendor Managed Inventory aims to create a win-win situation where both parties may more precisely and smoothly manage the flow and availability of commodities. In VMI, a manufacturer or distributor takes on the responsibility of planning the customer's inventory.
One common name that often comes up when discussing organizations and enterprises employing vendor-managed inventory systems is Walmart. The company has a VMI system in place which ensures that its vendors and suppliers are accountable for maintaining their inventory in the designated warehouse owned by Walmart.
To know more about Vendor Managed Inventory: https://brainly.com/question/28851516
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