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About Recent Developments in The Field of Supply Chain Management: Tesslyn Suzanne
Recent developments in supply chain management include vendor-managed inventory (VMI) models where suppliers take responsibility for inventory levels at customer locations. Cross-docking is a logistics practice where goods are unloaded from incoming vehicles and loaded directly onto outbound vehicles with little storage in between. Enterprise resource planning (ERP) systems integrate information across business functions like finance, manufacturing, and sales to facilitate information flow within and outside organizations. These developments help companies better manage inventory, reduce costs, and improve information sharing.
Detailed Information
| Author: | ['aiswarya '] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 15 |
| Language: | English |
| Format: | |
| Price: | FREE |
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