Small Business Supply Chain: Vendor Managed Inventory (VMI)

For your initial response to this discussion topic:

read https://www.thebalance.com/vendor-managed-inventory-vmi-2221270

Think of a small, local business in your neighborhood.  Prepare an  annotated Powerpoint slide [image]  describing how the business might benefit from using vendor managed inventory as described in your assigned reading.  Include an example of a specific supplier along with a specific inventory item or category of items.

To create your annotated Powerpoint slide:

· Open a new Powerpoint presentation and create a blank content slide.

· Enable Notes in the normal slide view.  See the  Sample Powerpoint Slide [image]  file in the Student Toolbox for an example.

· In the Notes section of the slide, prepare a 2 fully-developed paragraph response to the above problem.  Incorporate concepts from the assigned reading, and cite your source.

· In the Display area of your Powerpoint slide, create a four to six bullet point overview of the notes.  Keep the points brief & use an appropriate graphic.

Small Business Supply Chain: Vendor Managed Inventory (VMI)

Vendor Managed Inventory (VMI) is where the buyer provides information to a vendor and the vendor takes responsibility for maintaining inventory.

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