VENDOR MANAGEMENT INVENTORY AT RETAIL CHAIN STORES

Abstract

The contest of this study is to analyze the Vendor Management Inventory at Retail Chain Stores. I have focused the retail giants in Karachi for the purpose of my research. Retail Chains all over the world are focusing on Vendor management inventory. In VM1 concept the vendor monitors the buyer's inventory levels (physically or via electronic messaging) and makes periodic re-supply decisions regarding order supply, shipping and timings. Vendor management Miming gives number of benefits to the retail chains which includes reduce fast and space, save time, less inventory less investment, improved cash flow, les risk of fire, accidents and theft and relationship with supplier while enjoying the win-win situation.The two hypothesis were used which are: Vendor management inventory success in retail chain is independent of obsolescence processes. Vendor managed inventory success in retail chain is independent on inefficient capacity utilization. The method for this research is questionnaire which I distributed in the retail chains to get the answers of no, respondents. The sample site was 140 employees. After the collection of data all the data transferred to SPSS to (make it. According to Crosstab analysis, results was mostly moderate-strong relationship among 2 hypothesis in 4 retail chains which shows that all variables are mostly dependent among each other and have moderate-to-strong relationship.