Tag Archives: vendor managed inventory

A-maze-ing discoveries

Today’s post is on how looking up new articles from reference lists can lead to amazing discoveries, and it’s quite interesting to note how one thing leads to the other…especially when you’re doing literature reviews…and usually it’s like this: You are reading some article on your main subject when you see some interesting references, which you look up, just to find even more interesting references, which you also look up, just to be led even further astray… and soon you find yourself reading something that isn’t even remotely related to – but at the same time much more fascinating than – what you were researching in the first place. No wonder I cannot get things done… That’s how I stumbled upon the Theory of Constraints, an amazing discovery that came from the aforementioned a-maze-ing discoveries (i.e. references that led me astray).

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Supply chains and barcodes

Have you ever thought about how barcodes are a major factor in performance of supply chains? As we all know, the devil is in the details. And a supply chain is usually not a simple chain of one supplier, one manufacturer and one retailer, but a highly interwoven network of many players. How can you keep track of all the items flowing through the chain..ehrm, network? Before, we had manual hand-written lists, then came computerized lists (but still manual). Now we have barcodes.

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Less supply chain disruptions with vendor managed inventory?

How does a traditional supply chain compare to a vendor managed inventory supply chain when it comes to performance during disruptions? In her 2005 paper, The impact of transportation disruptions on supply chain performance, Martha Wilson found out, not surprisingly, that vendor managed inventory (VMI) fares better than the traditional retail managed inventory, even when looking at the whole supply chain: Raw Material Supplier – Tier 2 Supplier   – Tier 1 Supplier  – Warehouse – Retailer – Customer.

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