The L.A. Times & Automation
I toured the Los Angeles Times last week and was impressed with the automation. Although newspapers seems like an old business, it was impressive in pure size and volume with minimal people.
I toured the Los Angeles Times last week and was impressed with the automation. Although newspapers seems like an old business, it was impressive in pure size and volume with minimal people.
Vendor Managed Inventory (VMI) offers companies a chance to partner with customers to better manage inventory and costs. Once the partnership proves fruitful, expanded business opportunities occur.
Customer collaboration has become cornerstone to success in today’s supply chain driven world.
When connecting people and process, think about using customer collaborative programs to link strategy with execution.
Before talking about the keys to achieving VMI (vendor managed inventory) success, the question is: what is VMI? VMI is a process where the supplier places purchase orders for their customers to agreed-upon metrics.