Industrial

We help you discover the technical terms and acronyms of the Logistics and Supply Chain Management industry.

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VLM (Vertical Lift Module)

Vertical automated storage system using an automatic system for storing goods at height and for bringing them to an access opening positioned at an ergonomic height. It is the ideal solution for those that have very little floor space and need to stock a large quantity of goods.

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.