What is VMI mode? Which industries is VMI suitable for?

To put it simply, it is a cooperative strategy aiming at the lowest cost for both users and suppliers. The supplier manages the inventory under a * * * agreement, and constantly monitors the implementation of the agreement and modifies the contents of the agreement, so that the inventory management can be continuously improved. VMI is generally suitable for retail and manufacturing, and Wal-Mart and Dell Group are the most typical examples. Nowadays, many industries implementing VMI mode are using Panshi Electric's intelligent gravity shelf, which integrates the characteristics of intelligence, automation and networking on the basis of traditional shelves and can manage warehouses more efficiently.