Vendor Managed Inventory (VMI) - Wacker Chemie AG


Vendor Managed Inventory (VMI)

Vendor Managed Inventory

What is Vendor Managed Inventory (VMI)?

VMI is a collaborative product-supply strategy. The supply process is efficiently managed via the electronic exchange of your goods planning and inventory data – by the supplier.

Thus, shipments are always automatically tailored to current customer needs. Order processing and warehouse management is carried out by the supplier.

Advantages of VMI

  • Optimization of inventory levels
  • Easier to review planned orders
  • Lower procurement costs
  • More transparency
  • Faster throughput times
  • Automatic warning messages for exceptions

Requirements

  • The supplier commits to taking over product planning and ensures the availability of goods (within agreed quantities).
  • The customer sends all necessary inventory and usage data.

You can access extensive information on this topic anytime online via our e-business team.

Contact

E-Business: e-business@wacker.com