City Logistic

We help you discover the technical terms and acronyms of City Logistics.


VMI (Vendor Managed Inventory)

Agreement by which the supplier or manufacturer is responsible for maintaining a certain level of stock at the customer or distributor’s premises. The supplier receives data relating to sales and stock levels from the customer systematically and in real time. Based on this data, the supplier is fully and exclusively responsible for processing it and subsequently creating and complying with restocking plans.