VMI (Vendor Managed Inventory) is an inventory management system that allows vendors to access their customers’ sales and inventory data in order to optimize the replenishment and delivery process. By leveraging technology, VMI enables vendors to better predict customer demand, allowing them to adjust their inventory levels proactively. With this approach, businesses can improve accuracy, responsiveness and cost control while enjoying greater visibility over their supply chain. VMI helps businesses save money, increase efficiency and ultimately provide their customers with better service.