A Vmi (Vendor Managed Inventory) is a form of supply chain collaboration where a vendor proactively manages the purchasing, replenishment, and inventory levels of its customer. Built on trust, Vmi relies on the customer sharing their inventory data with the vendor to enable them to manage the buying process. This means that customers don’t have to do all the work of tracking, ordering, and storing goods – it’s all managed for them by their vendor! Vmi helps both vendors and customers save time, money, and effort while improving accuracy and efficiency in goods management. The result is improved customer service and better relationships between buyers and sellers.