Executive Commitment and Buy-in from Teams
If establishing a VMI program, it should be treated as a strategic initiative, with the objectives communicated to the organization. The management team should understand the principles of VMI, and direct and indirect inventory management. Teams should be given a complete overview of the VMI program, how it works, benefits from VMI, as well as understanding the business outcomes being pursued. Support of forecasters, inventory analysts, and replenishment teams is also important for the success of this type of program.