word
vendor managed inventory
VEN-der MAN-idjd IN-ven-tor-ee
ˈvɛndər ˈmænɪdʒd ɪnˈvɛntəriːListen
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Syllable breakdown
vendormanagedinventory
Dictionary meaning
supply chain arrangement in which the supplier takes responsibility for monitoring and replenishing a customer's inventory based on agreed-upon stock levels; the supplier has direct access to the buyer's inventory data and autonomously triggers replenishment orders
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