Supplier-Owned Inventory

A variant of Vendor-Managed InventoryThe practice of retailers making suppliers respons... and Consignment Inventory(1) Goods or products that are paid for when they .... In this case the supplier not only manages the inventory1) Raw materials, work in process, finished goods,..., but also owns the stockAll the goods or merchandise are stored in a wareh... close to or at the customer1) In VMI, the trading partner or reseller, i.e., ... location until the point of consumption or usage by the customer.