Vendor Managed Inventory

VMI is short for Vendor Managed Inventory. This means that Nomeco will take care of the pharmacy’s orders and stocks ensuring that orders are placed automatically based on electronic exchange of the pharmacy's sales and inventory figures. VMI is based on the pharmacy’s inventory and substitution policies and is 100 per cent product neutral.

At Nomeco we use the term ’logistic partnership’ because we find it important that the solution works as a cooperation between the individual pharmacy and Nomeco. The pharmacy’s strengths are the professional knowledge of pharmaceutical issues whereas Nomeco draws on strong competencies within IT, logistics and inventory management.

More than 150 pharmacies in Denmark have entered into a logistics partnership with us, and half of the sales at the Danish pharmacies are handled via VMI.