by Jon Schreibfeder | Jun 3, 2011 | Vendor Managed Inventory
This article is the third and final article on achieving success with vendor-managed inventory (VMI). In the first article we discussed the advantages and disadvantages of having a vendor manage replenishment of the products it supplies to a customer. Last month we...
by Jon Schreibfeder | Jun 2, 2011 | Vendor Managed Inventory
Last month, we began our discussion of vendor-managed inventory (VMI) programs listing possible advantages and disadvantages these programs present for both customers and suppliers. We also presented some advice for determining which products should be included in a...
by Jon Schreibfeder | Jun 1, 2011 | Vendor Managed Inventory
Today, many firms are trying to concentrate on the “core competences.” They want to outsource minor tasks and activities when it is cost effective to do so. For a distributor, an example of one of these tasks is the replenishment of less-expensive...
by Jon Schreibfeder | Apr 1, 2006 | Vendor Managed Inventory
A customer agrees to give you all of his business. All you have to do is maintain an adequate inventory of the products he uses at his facility. What a deal!!!! Large, frequent orders from a customer. No one “nickel and diming” you to death. Wouldn’t any...