Inventory management has traditionally been viewed as an internal procedure that took account of inventory within one building, warehouse or location. However, advancements in technological applications have allowed organizations to look beyond this.
Vendor Managed Inventory (VMI) is a business model that allows supplier/manufacturer organizations to: access, control and replenish inventory for their customers. The benefits associated with VMI have given organizations a clear, completive edge in attaining and retaining customers, as well as cut operating costs significantly.
Clear Spider is the industry leader in VMI technology and offers a web-based application for organizations looking to implement this groundbreaking tool within their operations.
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