Market Overview:
The global VMI market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to various factors such as cost reduction, timely delivery, and inventory accuracy. In terms of type, the VMI market can be segmented into cost reduction, timely delivery, and inventory accuracy. Cost reduction is expected to be the fastest-growing type during the forecast period owing to benefits such as reduced wastage and improved cash flow. In terms of application, retail and eCommerce are expected to account for the largest share of the VMI market in 2018 followed by logistics.
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Product Definition:
A system where a supplier monitors and maintains inventory levels for a customer. This can be done through the use of sensors or other tracking devices to monitor inventory levels, or by the supplier having access to the customer's ordering system. The purpose of Vendor Managed Inventory is to ensure that customers always have enough stock on hand, while also reducing waste due to overstock.
Cost Reduction:
Cost reduction is the practice of minimizing costs through efficient inventory management. Cost reduction in VMI market can be achieved by using just-in-time manufacturing, which eliminates storage and transportation cost. It also helps to reduce cost associated with overstock and stock-outs.
Timely Delivery:
Timely delivery is a feature that allows vendors to place an order for the product they need from Walmart and have it delivered at the time specified by them. It also helps in reducing wastage of food products as well as other perishable items due to late deliveries.
Application Insights:
The retail and eCommerce application segment led the global VMI market in 2017. The segment is expected to register a significant CAGR over the forecast period owing to increasing demand for automation in distribution centers, rising competition within the retail industry, and changing consumer shopping patterns.
VMI solutions help retailers reduce stock-outs by monitoring inventory across suppliers, identifying areas ofweakness or strength across different categories of products (new arrivals, back-orders & backlogs), analyzing sales trends & patterns and making accurate predictions about future product requirements. In addition, these systems enable suppliers to manage their relationships with customers more effectively by reducing order cancellation rates as well as increasing delivery accuracy. These factors are anticipated to drive growth over the coming years.
Logistics is another key application area where VMI solutions are being deployed at large scale due largelyto growing cross country trade activities coupled with stringent regulatory requirements on transportation management aimed at improving supply chain efficiency.
Regional Analysis:
North America dominated the global VMI market in 2017. The growth can be attributed to the presence of a large number of key industry players and increased adoption of advanced technologies. Furthermore, growing demand for e-commerce has led retailers and manufacturers to adopt inventory management solutions so that they can manage their supply chains efficiently.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing investments by various governments in developing countries such as China and India. These countries are making huge investments in infrastructure development, which will lead them into becoming major manufacturing hubs over the next few years, thereby driving demand for inventory management systems across several industries including logistics & warehousing, retail & e-commerce, etc.
Growth Factors:
- Increasing demand for just-in-time inventory management to improve operational efficiency and reduce costs
- Rising popularity of Vendor Managed Inventory (VMI) as a collaborative supply chain model between suppliers and customers
- Proliferation of cloud-based VMI software platforms that offer real-time visibility into inventory levels and order status
- Growing number of small businesses adopting VMI as a way to streamline their operations and improve supplier relationships
- Increased pressure on manufacturers to reduce lead times and stock outs, which is driving them towards more collaborative supply chain models like VMI
Scope Of The Report
Report Attributes
Report Details
Report Title
Vendor Managed Inventory (VMI) Market Research Report
By Type
Cost Reduction, Timely Delivery, Inventory Accuracy
By Application
Retail and eCommerce, Logistics
By Companies
Optilon, RG Group, TrueCommerce, Softeon, CWI Logistics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Vendor Managed Inventory (VMI) Market Report Segments:
The global Vendor Managed Inventory (VMI) market is segmented on the basis of:
Types
Cost Reduction, Timely Delivery, Inventory Accuracy
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail and eCommerce, Logistics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Optilon
- RG Group
- TrueCommerce
- Softeon
- CWI Logistics
 Market Overview.svg)
Highlights of The Vendor Managed Inventory (VMI) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cost Reduction
- Timely Delivery
- Inventory Accuracy
- By Application:
- Retail and eCommerce
- Logistics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vendor Managed Inventory (VMI) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
VMI is a software-defined inventory management solution that enables organizations to centrally manage and automate the procurement, storage, and distribution of physical or virtual assets. VMI helps reduce costs by automating the process of acquiring and managing inventory items.
Some of the major companies in the vendor managed inventory (vmi) market are Optilon, RG Group, TrueCommerce, Softeon, CWI Logistics.
The vendor managed inventory (vmi) market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vendor Managed Inventory (VMI) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vendor Managed Inventory (VMI) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vendor Managed Inventory (VMI) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vendor Managed Inventory (VMI) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vendor Managed Inventory (VMI) Market Size & Forecast, 2018-2028
4.5.1 Vendor Managed Inventory (VMI) Market Size and Y-o-Y Growth
4.5.2 Vendor Managed Inventory (VMI) Market Absolute $ Opportunity
Chapter 5 Global Vendor Managed Inventory (VMI) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Vendor Managed Inventory (VMI) Market Size Forecast by Type
5.2.1 Cost Reduction
5.2.2 Timely Delivery
5.2.3 Inventory Accuracy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vendor Managed Inventory (VMI) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Vendor Managed Inventory (VMI) Market Size Forecast by Applications
6.2.1 Retail and eCommerce
6.2.2 Logistics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vendor Managed Inventory (VMI) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vendor Managed Inventory (VMI) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Vendor Managed Inventory (VMI) Analysis and Forecast
9.1 Introduction
9.2 North America Vendor Managed Inventory (VMI) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Vendor Managed Inventory (VMI) Market Size Forecast by Type
9.6.1 Cost Reduction
9.6.2 Timely Delivery
9.6.3 Inventory Accuracy
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Vendor Managed Inventory (VMI) Market Size Forecast by Applications
9.10.1 Retail and eCommerce
9.10.2 Logistics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Vendor Managed Inventory (VMI) Analysis and Forecast
10.1 Introduction
10.2 Europe Vendor Managed Inventory (VMI) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Vendor Managed Inventory (VMI) Market Size Forecast by Type
10.6.1 Cost Reduction
10.6.2 Timely Delivery
10.6.3 Inventory Accuracy
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Vendor Managed Inventory (VMI) Market Size Forecast by Applications
10.10.1 Retail and eCommerce
10.10.2 Logistics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Vendor Managed Inventory (VMI) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vendor Managed Inventory (VMI) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Vendor Managed Inventory (VMI) Market Size Forecast by Type
11.6.1 Cost Reduction
11.6.2 Timely Delivery
11.6.3 Inventory Accuracy
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Vendor Managed Inventory (VMI) Market Size Forecast by Applications
11.10.1 Retail and eCommerce
11.10.2 Logistics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Vendor Managed Inventory (VMI) Analysis and Forecast
12.1 Introduction
12.2 Latin America Vendor Managed Inventory (VMI) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Vendor Managed Inventory (VMI) Market Size Forecast by Type
12.6.1 Cost Reduction
12.6.2 Timely Delivery
12.6.3 Inventory Accuracy
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Vendor Managed Inventory (VMI) Market Size Forecast by Applications
12.10.1 Retail and eCommerce
12.10.2 Logistics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Vendor Managed Inventory (VMI) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vendor Managed Inventory (VMI) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Vendor Managed Inventory (VMI) Market Size Forecast by Type
13.6.1 Cost Reduction
13.6.2 Timely Delivery
13.6.3 Inventory Accuracy
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Vendor Managed Inventory (VMI) Market Size Forecast by Applications
13.10.1 Retail and eCommerce
13.10.2 Logistics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vendor Managed Inventory (VMI) Market: Competitive Dashboard
14.2 Global Vendor Managed Inventory (VMI) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Optilon
14.3.2 RG Group
14.3.3 TrueCommerce
14.3.4 Softeon
14.3.5 CWI Logistics
