Vendor Managed Inventory (VMI) is a process where the supplier monitors customer information to keep the customer properly stocked with materials. VMI often gets a bad reputation because historically procurement departments use it to shift cost to the supplier. This project was different. The overall objective was to reduce the number of manual changes to […]
Author: Gary Neights
Gary Neights is senior director, product management, at Elemica, the leading provider of a B2B Network for Process Industries. Elemica transforms supply chains by replacing manual and complex approaches with efficient and reliable ones, driving bottom line results by promoting reduced cost of operations, faster process execution, automation of key business processes, removal of transactional barriers, and seamless information flow between trading partners.