Vendor Managed Inventory (VMI)

Vendor Managed Inventory : A Step-by-Step Guide, Benefits and Risks

Given the disruptive nature of the supply chain dynamics, an important aspect of supply chain planning and control is the attempt by supply chain managers to improve supply chain performance. One way of avoiding this is to allow an upstream supplier to manage the inventories of its downstream customer. This is commonly known as vendor managed inventory (VMI). Vendor managed inventory (VMI) is a supply chain initiative where the supplier is authorized to manage inventories of agreed-upon stock-keeping units at customer locations. The benefits of Vendor managed inventory (VMI) are well recognised by successful retail businesses such as Wal-Mart. In […]

customer supplier relationship

10 Must Have Customer Supplier Relationship Areas – How Many You Have?

There is an argument that suppliers achieved excellence when they work with excellent customers. This means that the customers should strive for excellence and assist the suppliers to do the same to achieve best customer supplier relationship? Customer must ensure that both parties are working toward continuous improvement of customer supplier relationship. Good supply chain management alone will not make a manufacturer a good JIT operator. The relationship should be stronger if both parties are to gain benefits from it. It should be mutual, with both sides seeking to achieve excellence in customer supplier relationship. 10 Must Have Customer Supplier […]

Warehouse Management Books

Highly Rated Top 6 Transportation and Warehouse Management Books

There are a number of Warehouse Management books for Warehouse and Transportation; it can be quite challenging to decide which Warehouse Management books comes out top and can easily be referenced for purchase. Some have found it really difficult in deciding which one is best, but I can assure you every Warehouse Management books book has its own advantage but some just stand out of them all. Today, I have decided to help you by recommending these 6 awesome Warehouse Management books: 1.     Warehouse Management: A Complete Guide to Improving Efficiency and Minimizing Costs in the Modern Warehouse 2nd Edition […]