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VMI Hardware and Software
Wal-Mart has one of the most highly touted and effective VMI systems the retail world has ever seen. By utilizing the latest hardware and software technologies, and implementing proven strategies and processes, Wal-Mart has managed to drastically lower its cost of inventory, and greatly increased supply chain optimization with its vendors. Wal-Mart’s success story in using VMI and EDI technology has not only helped its own operations, but also improved the efficiency among all of its vendors and business partners.
There are many components that make up Wal-Mart’s successful VMI and EDI system. The costs of such systems can be astronomical because of both the hardware and software requirements. Computers, complex network equipment, Point of Sale (POS) systems, EDI software, bar codes, and even wireless and embedded Radio Frequency Identification (RFID) technology are amongst the many components that make up a VMI syste
Approximate Word count = 628
Approximate Pages = 3 (250 words per page double spaced)
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