article thumbnail

Managing Your Company’s Inventory

CFO Simplified

Think of restaurants, grocery stores, pharmaceutical companies. This requires more management because the risk of loss is greater, and the loss is instantaneous, and irrecoverable. . Taking advantage of Vendor Managed Inventory allows your supplier to maintain your inventory at predetermined levels.

article thumbnail

Making B2B Marketplaces Sticky

PYMNTS

Sridharan said the original impetus for starting Kinnek actually came from his cofounder, who was a consultant that helped large enterprises to improve their supply chain and vendor management processes. He would help them find the right suppliers and manage their complex purchasing processes.

B2B 40