Differ. VMI(Vendor Managed Inventory) and SMI(Supplier Managed Inventory)?
I'm beginner in SNC.
SNC have SMI scenario. But I think SNC-SMI is same as MM-VMI scenario.
The SMI process is a supplier-driven replenishment and planning process, which is based on min/max stock balance levels, on current demand, in-transits and planned shipments.
With vendor managed inventory scenarios, manufacturers can offer their customers a value added service by performing the replenishment planning task for their business partners.
Anyone can help to verify differ or same?