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Vendor Managed Inventory: Exploring objectives, benefits and shortcomings of the business concept - Tapa blanda

Spychalska, Dominika

 
9783838396422: Vendor Managed Inventory: Exploring objectives, benefits and shortcomings of the business concept
Tapa blanda
ISBN 10: 3838396421 ISBN 13: 9783838396422
Editorial: LAP LAMBERT Academic Publishing, 2010

Sinopsis

In today's business ? highly competitive and hard to predict, modern methods of supply chain management have become an important tool to gain competitive advantage over competitors. Vendor Managed Inventory is one of them. VMI is a replenishment program in which the supplier has the right to control level of customer's inventory on the basis of demand orders and forecasts from the customer. Regarding strange rules of this kind of business game, so much different from traditional perception of the supplier-customer relationship, it is not so popular among European companies. But the benefits can be various and favourable. Basic advantage of VMI implementation is a reduction of the bullwhip effect. VMI can help also by reducing stock-outs, improving customer service, reducing inventory level and others. A Particular company can make a real profit thanks to the introduction of VMI but if, and only if the implementation proceeds in a well-considered way, preceded by a thorough planning. The work should give better understanding of the idea to the logistics managers and others interested in improvement of the overall functioning of the companies.

"Sinopsis" puede pertenecer a otra edición de este libro.

Reseña del editor

In today's business - highly competitive and hard to predict, modern methods of supply chain management have become an important tool to gain competitive advantage over competitors. Vendor Managed Inventory is one of them. VMI is a replenishment program in which the supplier has the right to control level of customer's inventory on the basis of demand orders and forecasts from the customer. Regarding strange rules of this kind of business game, so much different from traditional perception of the supplier-customer relationship, it is not so popular among European companies. But the benefits can be various and favourable. Basic advantage of VMI implementation is a reduction of the bullwhip effect. VMI can help also by reducing stock-outs, improving customer service, reducing inventory level and others. A Particular company can make a real profit thanks to the introduction of VMI but if, and only if the implementation proceeds in a well-considered way, preceded by a thorough planning. The work should give better understanding of the idea to the logistics managers and others interested in improvement of the overall functioning of the companies.

Biografía del autor

Studied Logistics at the Poznan University of Economics (Poland) and Business Studies at the University of Abertay Dundee (Great Britain), is currently working as a controlling specialist at Techem, Poland.

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
LAP LAMBERT Academic Publishing
Año de publicación
2010
Idioma
Inglés
ISBN 10 
3838396421
ISBN 13 
9783838396422
Encuadernación
Tapa blanda
Número de páginas
80
Contacto del fabricante
no disponible
Persona responsable
no disponible