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Essay heading: vendor managed inventory
Essay specific features
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Business |
| Written by: |
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| Date added: |
September 23, 1999 |
| Level: |
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| Grade: |
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| No of pages / words: |
3 / 737 |
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0 times |
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Essay content:
This is the primary transaction
? The second transaction contains and deals with the product numbers and the quantities ordered by the supplier as the customer requests
In all of its forms VMI should be about improving visibility of demand and product flow in a supply chain, facilitating a more timely and accurate replenishment process between a supplier (vendor) and an inventory site (customer, distributor, distribution center, etc?)... displayed 300 characters
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The application of VMI can be at any point within a supply chain:
Manufacturer ? Wholesale Distributor
Wholesale Distributor - Retail
Manufacturer - End Customer
Wholesale Distributor ? End Customer
Manufacturer ? Internal Inventory Sites
Inventory is the proxy for information. In the absence of timely and accurate consumption data, each node in the supply chain compensates for the lack of information with inventory... displayed next 300 characters
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