Words similar to vmi
Example sentences for: vmi
How can you use “vmi” in a sentence? Here are some example sentences to help you improve your vocabulary:
In the grocery industry, the implementation of VMI programs has been shown to increase retail inventory turns from 50 percent to 100 percent over those achieved prior to implementation, even if the retailer and manufacturer had previously used electronic data interchange for communication of retail orders.
One of the most significant changes in retail inventory management in recent years has been the introduction of vendor-managed inventory (VMI) programs, also known as Continuous Replenishment Programs (CRP) or Continuous Product Replenishment (CPR).
18 The advantage of using VMI programs stems from the retailer and manufacturer working together to determine a flow of shipments that optimizes the economics of the two parties as a system.