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Essay text:
The distributor is in total control of the timing and size of the order being placed. The distributor maintains the inventory plan.
However, when utilizing the Vendor Managed Inventory model, the manufacturer receives electronic data, usually EDI(Electronic Data Interchange) or via the internet, that tells him the distributors sales and stock levels. The manufacturer can then view every item that the distributor carriers as well as true point of sale data. The manufacturer becomes responsible for creating and maintaining the inventory plan. Under VMI, the manufacturer generates the order, not the distributor...
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Common topics in this essay:
- inventory management
- Accurate Data
- Complex Supply Chain Networks And Supply Chain Drivers
- DATA-RICH SUPPLY CHAIN
- Inventory Management
- Just in time inventory
- MBA550 Managing Inventory in a Supply Chain Worksheet
- Mba 550 Managing Inventory In A Supply Chain Concepts Worksheet
- Mba/550 Managing Inventory In A Supply Chain Worksheet Assignment
- Supply Chain Management and Information Technology
- vendor managed inventory
- Interest Inventory
- Inventory
- Data and its Importance in Accurate and Quick Processing
- Vendor Managed Inventory System
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