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Menlo's vendor inventory services

NEW DELHI: Menlo Worldwide announced here on Friday that the Foreign Investment Promotion Board (FIPB) has granted permission to the company to offer vendor managed inventory services for India. Menlo Worldwide, based in Redwood City, California, is a $2.9 billion business segment of CNF Inc. The company's presence worldwide demonstrated its flexible approach to providing solutions for its customers supply chain challenges, said Stuart Richardson, Managing Director, U.K., Ireland, Middle East Africa and West Asia.

— Our Special Correspondent

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