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Technology
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Number of pages / Number of words: |
6 / 1454 |
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The objectives of a VMI system are to increase sales, improve CSL (Customer Satisfaction Level), increase gross margins, reduce overall inventory in the SC (Supply Chain), and stabilize vendor production. The disadvantages are required additional IT components and integration. Integration of a Forecast Driven Vendor Managed Inventory (FDVMI) would integrate the forecast models into the mix as well and could add to even better margins and operational use...
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The objectives of a VMI system are to increase sales, improve CSL (Customer Satisfaction Level), increase gross margins, reduce overall inventory in the SC (Supply Chain), and stabilize vendor production. The disadvantages are required additional IT components and integration. Integration of a Forecast Driven Vendor Managed Inventory (FDVMI) would integrate the forecast models into the mix as well and could add to even better margins and operational use...
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SR-rm-001 Process Evaluation Executive Summary
Supply Chain Management System
Vendor Managed Inventory System
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