Explore topic-wise fullforms in Computing

INFO: Full form for ANRP is Applied Networking Prize in Computing category
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INFO: Full form for OCCM is On Command Cloud Manager in Computing category
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INFO: Full form for VMI is Vertical Motion Index in Computing category
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Vendor-managed inventory (VMI) is an inventory management practice in which a supplier of goods, usually the manufacturer, is responsible for optimizing the inventory held by a distributor.

In traditional inventory management, a retailer (sometimes called buyer) makes his or her own decisions regarding the order size, while in VMI the retailer shares their inventory data with a vendor (sometimes called supplier) such that the vendor is the decision-maker who determines the order size for both. Thus, the vendor is responsible for the retailer's ordering cost, while the retailer has to pay for their own holding cost. This policy can prevent stocking undesired inventories and hence can lead to an overall cost reduction. Moreover, the bullwhip effect is also reduced by employing the VMI approach in a buyer-supplier cooperation. As replenishment frequencies play an important role in integrated inventory models to reduce the total cost of supply chains which many studies fail to model it in mathematical problems.

A third-party logistics provider can also be involved to make sure that the buyer has the required level of inventory by adjusting the demand and supply gaps.

As a symbiotic relationship, VMI makes it less likely that a business will unintentionally become out of stock of a good and reduces inventory in the supply chain. Furthermore, vendor (supplier) representatives in a store benefit the vendor by ensuring the product is properly displayed and store staff are familiar with the features of the product line, all these while helping to clean and organize their product lines for the store. VMI can also decrease the magnitude of the bullwhip effect.

One of the keys to making VMI work is shared risk. In some cases, if the inventory does not sell, the vendor (supplier) will repurchase the product from the buyer (retailer). In other cases, the product may be in the possession of the retailer but is not owned by the retailer until the sale takes place, meaning that the retailer simply houses (and assists with the sale of) the product in exchange for a predetermined commission or profit (sometimes referred to as consignment stock). A special form of this commission business is scan-based trading, where VMI is usually applied but its use is not mandatory.

This is one of the successful business models used by Walmart and many other big box retailers. Oil companies often use technology to manage the gasoline inventories at the service stations that they supply (see Petrolsoft Corporation). Home Depot uses the technique with larger suppliers of manufactured goods. VMI helps foster a closer understanding between the supplier and manufacturer by using electronic data interchange formats, EDI software and statistical methodologies to forecast and maintain correct inventory in the supply chain.

Vendors benefit from more control of displays and more customer contact for their employees; retailers benefit from reduced risk, better store staff knowledge (which builds brand loyalty for both the vendor and the retailer), and reduced display maintenance outlays.

Consumers benefit from knowledgeable store staff who are in frequent and familiar contact with manufacturer (vendor) representatives when parts or service are required. Store staff have good knowledge of most product lines offered by the entire range of vendors. They can help the consumer choose from competing products for items most suited to them and offer service support being offered by the store.

At the goods' manufacturing level, VMI helps prevent overflowing warehouses or shortages, as well as costly labor, purchasing and accounting. With VMI, businesses maintain a proper inventory, and optimized inventory leads to easy access and fast processing with reduced labor costs.

INFO: Full form for VMI is Voice Mail Indicator in Computing category
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INFO: Full form for VMI is Virtual Machine Introspection in Computing category
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INFO: Full form for VMI is Virtual Machine Image in Computing category
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INFO: Full form for VMI is Virtual Mobile Infrastructure in Computing category
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INFO: Full form for TFFI is Technology Flavors Fragrances Inc in Computing category
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INFO: Full form for TFFI is Technology Flavors Fragrance Inc in Computing category
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INFO: Full form for VTO is Virtual Technology Officer in Computing category
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INFO: Full form for VTO is Virtual Translation Office in Computing category
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INFO: Full form for VTO is Voltage Tuned Oscillator in Computing category
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INFO: Full form for VTO is Virtual Trading Organization in Computing category
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INFO: Full form for VTO is Virtual Tape Open in Computing category
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INFO: Full form for VTO is Virtual Tape Option in Computing category
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INFO: Full form for AWN is Adhoc Wireless Network in Computing category
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INFO: Full form for EIO is Enhanced Input Output in Computing category
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INFO: Full form for EIO is Extreme Input Output in Computing category
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INFO: Full form for EIO is Error Input Output in Computing category
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INFO: Full form for EIO is Elastic Input Output in Computing category
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Vermeer Technologies Incorporated was a software company founded in 1994 by Charles H. Ferguson and Randy Forgaard. Its products were a Web site development tool, called FrontPage, and a Web server to complement developing in FrontPage, called Personal Web Server. They launched the initial version of FrontPage on October 2, 1995.

Vermeer was funded by Matrix Partners, Sigma Partners, and Atlas Venture.

The company was purchased by Microsoft for US$133 million in January 1996 ($219 million in present-day terms) in order to acquire FrontPage as a new weapon in the browser wars.

The company's birth, development and sale was the subject of Ferguson's 1999 book, High St@kes, No Prisoners.

The start of the company was described in a Harvard Business School case, "Vermeer Technologies (A): A Company is Born" (HBS 9-397-078).

Even after Microsoft acquired FrontPage, the software continued to store proprietary configuration settings in directories whose names started with _vti. The letters VTI stand for Vermeer Technologies Inc.

INFO: Full form for VTI is Virtual Token Interface in Computing category
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INFO: Full form for VTI is Virtual Template Interface in Computing category
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INFO: Full form for VTI is Vector Technology Inc. in Computing category
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INFO: Full form for VTI is Virtual Terminal Interface in Computing category
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INFO: Full form for VTI is Vector Technology Institute in Computing category
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INFO: Full form for VTI is Vernick Technology Inc in Computing category
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INFO: Full form for EPCF is Eth Provider Conditioning Function in Computing category
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INFO: Full form for VTID is Virus Total Intelligence Database in Computing category
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INFO: Full form for VIPR is Voice Over Ip Router in Computing category
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INFO: Full form for VIPR is Visual Imperative Programming in Computing category
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INFO: Full form for VIPR is Virtual Presence in Computing category
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INFO: Full form for VIPR is Virtual and Physical Infrastructure Portfolio Redesign in Computing category
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INFO: Full form for VIPR is Virtualization Platform Re-Imagined in Computing category
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INFO: Full form for CDSS is Capacity Decision Support System in Computing category
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INFO: Full form for CDSS is Computerized Decision Support System in Computing category
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INFO: Full form for CDSR is Cochrane Database of Systemic Reviews in Computing category
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INFO: Full form for CDSP is Compact Disc Spectrum Pro in Computing category
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INFO: Full form for BGIT is Babasaheb Gawde Institute of Technology in Computing category
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INFO: Full form for EGG is Eastman Graphics Generator in Computing category
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INFO: Full form for EGG is Ex Gamer Girl in Computing category
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INFO: Full form for EGG is E-Government Gateway in Computing category
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INFO: Full form for EGG is Explosion Graphics Generator in Computing category
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INFO: Full form for EGG is E-Government Groupware in Computing category
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INFO: Full form for GOOS is Growing Object Oriented Software in Computing category
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INFO: Full form for NECC is Nucleo de Estudantes de Ciencias Da Computacao in Computing category
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INFO: Full form for NECC is Non Error-Correcting Code in Computing category
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INFO: Full form for NECC is National Education Computing Conference in Computing category
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