Abstract:
This brief details the process of Vendor Managed Inventory (VMI) and how it has been implemented throughout the world to improve business performance. The advantages and disadvantages of the model are discussed with a strong emphasis on future supply chain models such as Cpfr.Sectors covered: Consumer Goods and RetailEuropean coverageAlthough VMI was pioneered in the US, companies in Europe have embraced the program. Datamonitor’s client survey suggest that over 90% of blue chip consumer goods manufacturers and retailers in Europe either currently use the system or would consider using it in the future. The success stories of relationship such as Wal-Mart and Procter and Gamble in the US has made European companies realize that if properly managed the supply chain can be used as a competitive tool.Client analysis on operating with Vmithe potential advantages and pitfalls of Vmithe future of VMI and similar models
Table of contents:
Overview
Introduction
This brief details the process of Vendor Managed Inventory (VMI) and how it has been implemented throughout the world to improve business performance. The advantages and disadvantages of the model have been discussed with a strong emphasis on future supply chain models such as CPFR.
Scope
Report Highlights
Although VMI was pioneered in the US, companies in Europe have embraced the program. Datamonitor’s client survey suggest that over 90% of blue chip consumer goods manufacturers and retailers in Europe either currently use the system or would consider using it in the future. The success stories of relationship such as WalMart and Procter & Gamble in the US has made European companies realize that if properly managed the supply chain can be used as a competitive tool.
Reasons to Purchase
Client analysis on operating with VMI
The potential advantages and pitfalls of VMI
The future of VMI and similar models
ACTION POINTS
This brief details the process of Vendor Managed Inventory (VMI) and how it has been implemented throughout the world to improve business performance. The advantages and disadvantages of the model have been discussed with a strong emphasis on future supply chain models such as CPFR. Actions points include:
Client analysis on operating with VMI
The potential advantages and pitfalls of VMI
The future of VMI and similar models
ANALYST OPINION
Although VMI was pioneered in the US, companies in Europe have embraced the program. Datamonitor’s client survey suggest that over 90% of blue chip consumer goods manufacturers and retailers in Europe either currently use the system or would consider using it in the future. The success stories of relationship such as WalMart and Procter & Gamble in the US has made European companies realize that if properly managed the supply chain can be used as a competitive tool.
DATASETS
LIST OF TABLES
Table 1: Companies with CPFR Initiatives
Table 2: Benefits realized from CPFR program
LIST OF FIGURES
Figure 1: VMI – European Client’s Perspective of VMI in the Consumer and Retail Industry Sectors
Consumer Goods & Retail 