QSO 630 wk4 disscu response 4-1 - 79935
Vendor-managed inventory (VMI) has become more and more popular as a process and business model to help organizations share risk and information between suppliers and customers. By doing so it helps lower stock outs and costs along with uncertainty with inventory of products (Philip, 2018). The benefits of VMI includes enhanced visibility for the supplier, lower order instability, higher customer satisfaction, reduced lead times on orders and better planning with transportation.
Walmart has recognized the amount of