Buy custom vendor managed inventory
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
3 / 737 |
Essay's paper body
As actual demand for products is disseminated up the supply chain in a more real time environment, the more closely aligned production is with demand. As the gap between production and demand diminishes, so to does supply chain inventories and service level interruptions.
The ultimate goal is supply chain excellence, as defined by service, speed and cost...
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Delivering the best service at the point of consumption in the least amount of time at the lowest total cost. The result is a supply chain that has an automated, timely flow of information triggering replenishment activities that anticipate demand accurately.
The factors needed to be considered to determine if a company should utilize a VMI program, include the following:
? Labels are a crucial link in your supply chain; how much responsibility for their management are you willing to delegate to your supplier?
? Maintaining a reliable supply of your labels will necessitate an open flow of information between you and your supplier...
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General points of the essay
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