Home > Terms > English, UK (UE) > Vendor-managed inventory (VMI)
Vendor-managed inventory (VMI)
A process in which a supplier owns components until they are issued or released to the production line. Usually, VMI is handled by a distributor located within a plant.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Manufacturing
- Category: Contract manufacturing
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