Vendor Managed Inventory (VMI) is an innovative inventory management system that puts the power of maintaining accurate store levels back in the hands of suppliers. By using VMI, vendors can monitor in-store stock levels, order new shipments when needed, and ensure merchandise remains well-stocked without the burden of constant manual inventory checks. With VMI, vendors can enjoy more control over their inventory while reducing costs associated with overstock and understock, helping them to stay ahead of customer demand and providing a smoother shopping experience.