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《Logistics Technology》 2001-06
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The Use of Vendor-Managed Inventory

LI Jing-fang,MA Shi-hua(Management School of Huazhong University of Science and Technology,Wuhan430070,China)  
Vendor-managed inventory embodies an integration of supply chain,VMI can reduce costs of both suppli-ers and customers.One should analyze the activity-based costing of inventory.Multi-functional teams ,which are composed of relevant personnel from both the supplier and the customer to meet the specific objective,may be set up to discuss six-ty-four-dollar question and details.Both the suppliers and the customer have a commercial contact that needs periodic as-sessments and ongoing evaluation.No VMI program will succeed unless responsive parties periodically review and update steps.
【CateGory Index】: F270
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