Vendor Managed Inventory (VMI) is a supply chain automation tool used to automate inventory management and order fulfillment. Manufacturers electronically monitor and maintain their distributors’ inventory levels using electronic data interchange (EDI). In this podcast, we are joined by two experts on the topic of VMI as we explore what is driving the growth of VMI adoption within the electrical channel and take a look at how both manufacturers and distributors can enhance their VMI relationships.
Sneak Peek of Podcast:
“Mutual collaboration and ease of sharing data are definitely factors that fuel that growth of VMI, but core to the growth really is the mutual business benefit that both manufacturers and distributors experience.”
– Tom Hoar
“Automated replenishment reduces unnecessary labor costs; it increases inventory asset performance; and it supports stronger, more responsive relationships. All these benefits apply to both the supplier and the distributor in an automate replenishment relationship.”
– Tom Kozak
Listen to the Podcast: