Originally published in CFO Magazine on November 29, 2017 "I have yet to hear of a company vision, mission, or strategy that’s related to cutting costs." Over my 25-plus years as a supply chain and operations professional, I cannot count the number of times a CFO or board of [...]
As with almost every topic our clients call about, Vendor Managed Inventory or VMI and supply chain partner collaboration programs are no different. Success directly correlates to people. Questions You Should Ask When Coordinating VMI Do your employees and partners understand VMI and the benefits of VMI? Undoubtedly, success is [...]
Collaboration is at the center of successful working relationships with your supply chain partners. Supply chain collaboration is in vogue. Customers have figured out that if suppliers have access to more information on what they need and what is important to them that they'll typically do a better job [...]
Vendor Managed Inventory is gaining in popularity as people realize the many benefits of supply chain collaboration. Vendor managed inventory can have many benefits - both from a strategic perspective and a tactical one. We are seeing that it is gaining in popularity as manufacturers and distributors and retail [...]
As with almost every topic our clients call about, VMI and supply chain partner collaboration programs are no different. Success directly correlates to people. What should you be thinking about when it comes to VMI and people? Do your employees and partners understand VMI and the benefits of VMI? [...]
A Vendor Managed Inventory (VMI) initiative will improve services levels and may not require supporting software. Vendor Managed Inventory (VMI) - do you need software? Of course, the answer is "It depends". A few items to think about to determine if you need software to support a VMI initiative: [...]
