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VMI
is an optimized supply
chain solution where the
vendor takes full
responsibility for
maintaining an agreed
inventory of their
product at or near the
buyer's location, and
the buyer regularly
provides replenishment
information by issuing
purchase orders of the
product. In a VMI
relationship, the vendor
retains the ownership of
the inventory until
settled payment and
deliveries to the buyer.
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Well-designed VMI
operation greatly
reduces safety stock of
the buyer, cut the cost
and assists in JIT
production. On the other
hand, the vendor also
benefits from shorter
lead time, better
planning and retention
of existing customer
relationships.
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As
a neutral logistics
service provider, CIT
provide VMI services to
customers under
agreements with both the
vendors and the buyers.
Customized SOP are
strictly implemented to
ensure our quality
service to business
partners.
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Services and operations
we are involved in
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Shipment collection and
coordination at origin port
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Pier pick-up at destinations
and drayage
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Warehousing and inventory
control
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Return cargo arrangement
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Vendor or customer
relationship maintenance
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