Radwell's Automation Nation

Episode 14: What You Need to Know About VMI

May 27, 2021 Radwell International Season 1 Episode 14
Radwell's Automation Nation
Episode 14: What You Need to Know About VMI
Chapters
Radwell's Automation Nation
Episode 14: What You Need to Know About VMI
May 27, 2021 Season 1 Episode 14
Radwell International

In this episode co-hosts Rob and Julie discuss what you need to know about Vendor Managed Inventory or VMI for short. 

What Is Vendor Managed Inventory?

Vendor Managed Inventory is a supply chain agreement where vendors or suppliers manage, maintain, and optimize their inventory while it’s in the possession of a buyer.

In other words, it’s an inventory management system where inventory is replaced for the buyer or retailer without them having to initiate a purchase order. The buyer or retailer shares their inventory data with a vendor and the vendor determines order size and frequency.

Fortunately Rob is a bit of an expert on this topic and shares some insights from his experiences. 

If you think VMI IS a good fit for your organization, we would love to connect you to our team at Radwell who can assist you. Just email automationnation@Radwell.com and we will get you connected with the right people to help you get started. 

Email for Podcast Questions or Feedback: automationnation@radwell.com

 Hosts:
 Julie Basello   
jbaselloholt@radwell.com                   

Robert Tiedeken  rtiedeken@radwell.com

Production: 
Julie Basello and Patrick Stewart

Marketing and Promotion:
Julie Basello
 
 Links:
Radwell Automation Nation Podcast
http://podcast.radwell.com

Radwell International http://www.radwell.com

Show Notes

In this episode co-hosts Rob and Julie discuss what you need to know about Vendor Managed Inventory or VMI for short. 

What Is Vendor Managed Inventory?

Vendor Managed Inventory is a supply chain agreement where vendors or suppliers manage, maintain, and optimize their inventory while it’s in the possession of a buyer.

In other words, it’s an inventory management system where inventory is replaced for the buyer or retailer without them having to initiate a purchase order. The buyer or retailer shares their inventory data with a vendor and the vendor determines order size and frequency.

Fortunately Rob is a bit of an expert on this topic and shares some insights from his experiences. 

If you think VMI IS a good fit for your organization, we would love to connect you to our team at Radwell who can assist you. Just email automationnation@Radwell.com and we will get you connected with the right people to help you get started. 

Email for Podcast Questions or Feedback: automationnation@radwell.com

 Hosts:
 Julie Basello   
jbaselloholt@radwell.com                   

Robert Tiedeken  rtiedeken@radwell.com

Production: 
Julie Basello and Patrick Stewart

Marketing and Promotion:
Julie Basello
 
 Links:
Radwell Automation Nation Podcast
http://podcast.radwell.com

Radwell International http://www.radwell.com