Mining

A row of power generators lined up outdoors

How Vendor-Managed Inventory Cuts Risk in Large Industrial Projects

November 8, 2018

Large-scale, industrial projects come with their own unique set of risks. Vendor-managed inventory can help customers significantly reduce these risks and improve efficiency. Vendor-managed inventory is a streamlined method of supply-chain management where the vendor (supplier of the product) manages the inventory the customer needs. Through this relationship, the customer informs the supplier of anticipated...

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