Textile/Clothing/Footwear Downstream (v.2013-1)

Process "vendor managed inventory - VMI"

Process Name	vendor managed inventory - VMI
Actors	Producer, Retailer
Description	A shop-in-shop area or a store is managed completely by the producer. The logistic concept of VMI can be combined with consignment/concession as well as with charge-on-delivery as financial model. Mostly it is combined with consignment
Activities	Initial stocking of the area by vendor (mandatory) Daily report of sales and inventory movement (mandatory) Permanent replenishment (mandatory) Invoicing Returns initiated by the producer Price adjustments (mandatory)
Reference to the related ebBP	http://www.moda-ml.net/ebiz-retail/repository/ebbp/v2013-1/en/ebBP_vendormanagedinventoryvmi-1_2013-1.xml