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Vendor Managed Inventory: Exploring objectives, benefits and shortcomings of the business concept - Softcover
Synopsis
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.
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About the Author
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.
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Vendor Managed Inventory Exploring objectives, benefits and shortcomings of the business concept
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Vendor Managed Inventory
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Vendor Managed Inventory Exploring objectives, benefits and shortcomings of the business concept
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Vendor Managed Inventory: Exploring objectives, benefits and shortcomings of the business concept
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Vendor Managed Inventory
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -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. 80 pp. Englisch. Seller Inventory # 9783838396422
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Vendor Managed Inventory
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Spychalska DominikaStudied 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.In t. Seller Inventory # 5419861
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Vendor Managed Inventory : Exploring objectives, benefits and shortcomings of the business concept
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - 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. Seller Inventory # 9783838396422
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Vendor Managed Inventory
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Taschenbuch. Condition: Neu. This item is printed on demand - Print on Demand Titel. Neuware -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.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 80 pp. Englisch. Seller Inventory # 9783838396422
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Vendor Managed Inventory | Exploring objectives, benefits and shortcomings of the business concept
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Taschenbuch. Condition: Neu. Vendor Managed Inventory | Exploring objectives, benefits and shortcomings of the business concept | Dominika Spychalska | Taschenbuch | 80 S. | Englisch | 2010 | LAP LAMBERT Academic Publishing | EAN 9783838396422 | Verantwortliche Person für die EU: OmniScriptum GmbH & Co. KG, Bahnhofstr. 28, 66111 Saarbrücken, info[at]akademikerverlag[dot]de | Anbieter: preigu. Seller Inventory # 107295964
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