Vendor-managed inventory

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Notion

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Science and technology

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What Wikipedia says

Vendor-managed inventory (VMI) is an inventory management practice in which a supplier of goods, usually the manufacturer, is responsible for optimizing the inventory held by a distributor.

Excerpt from the Wikipedia article “Vendor-managed inventory”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Bridgeland Copyright, CC BY-SA 3.0, via Wikimedia Commons.