Vendor managed inventory (VMI) solutions are changing the rules of business for select CG companies and their customers. Increased service levels, improved forecasting and clear visibility into the supply chain are some of the benefits generated by VMI solutions.
As a Florida native and employee of Hawaiian Tropic for more than 19 years, one would think that Bill Jennings, executive vice president and chief financial officer, knows a thing or two about obtaining a killer tan.
Gaining increased attention among CG companies in the current economic climate is product lifecycle management (PLM) technology that reduces the time and cost it takes to bring a product to market.