Tech Industry

How To Use Vendor-Managed Inventory Programs

Date Added: Sep 2009
Format: HTML

A well-run Vendor-Managed Inventory (VMI) program could allow your business to speed up its cash flow by more closely matching your cash outlay for inventory with your cash inflows from sales and other income-generating activities. By tapping into the expertise of your vendors, your business may be able to: minimize inventory carrying costs; maximizing sales.