How Do Manufacturers Transition to VMI Logistics in Canada?
With the rising competition and the challenges in managing supply chains, a good number of Canadian manufacturers are relying on VMI logistics solutions for manufacturers in Canada as the way to go to enhance their operational efficiency. Vendor Managed Inventory (VMI) is a practice in which the responsibility of the monitoring, replenishing, and optimizing of the inventory is shifted to the supplier or the logistics partner rather than the manufacturer.