Vendor Managed Inventory (VMI) – Success Depends on People
Human relationships and understanding play a vital role in the success of Vendor Managed Inventory (VMI) systems.
VMI – Supply Chain Collaboration on Steroids
Vendor Managed Inventory (VMI) revolutionizes supply chain collaboration, optimizing inventory management and partner relations.
VMI – What are the Benefits?
What are the strategic and tactical benefits of VMI for enhancing supply chain collaboration, increasing revenue, and improving service levels?
VMI – Success Directly Correlates to People
VMI success is deeply connected to the human factors, emphasizing the value of understanding, relationships, and clear communication.
VMI – Do You Need Software?
Is software necessary for effective VMI implementation? Consider factors like scale, integration needs, and technical capabilities.
Inventory Accuracy Pitfalls
The most common inventory accuracy pitfalls stem from minor problems but will snowball into bigger headaches if the root causes aren’t caught and resolved.
Solid Inventory Practices Remain Timeless
Are you keeping close tabs on your inventory management practices? Improving just one aspect of your inventory can lead to improved service, margins and cash flow.
Lean or No Lean, a Demand Plan is a MUST
When it comes to B and C items, seasonal items and other trending patterns, understanding the demand plan isn’t a “nice-to-have”; it is critical to success.
Why Planning is at the Crux of Success
There is a LOT you can do this week to improve your integrated planning process.
Inventory As a People Topic
Empowering people to make the right decisions in your organization can be the key to getting the right results in a variety of business cases including inventory management.