Warehouse Operations – Inventory Management

Hide Submission Folder InformationSubmission FolderInstructionsCASE # 3 Inventory ManagementUsing the information provided in the attached file.1) Define VMI in general terms2) For PLCB what were the advantages and disadvantage before and after VMI?*Note both operative and financial. (Suppose a Capital Cost of 10%)3) What are the challenges of going VMI?4) What kind of liability issues do you see in a before and after VMI?