Author(s):
Jeffrey Jackson, C.P.M., CPIM
Jeffrey Jackson, CPIM, C.P.M., North American Supply Chain Manager, Pioneer Standard Electronics, Incorporated, (727) 942-0664; jeffreymarcjacksonj@yahoo.com
Vendor Managed Inventory is only one term for inventory management systems where the supplier manages the day to day inventory activity. The process is also known as Supplier Managed Inventory, Consignment Inventory, Consignment Stores, Breadman and VMI, just to name a few.