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Automatic inventory replenishment

Integrated demand planning driven by POS customer movement data Continuous replenishment programs vendor managed inventory, telemetry to automatically communicate replenishment of chemicals 5- upply chain governance O 0 X... [Pg.251]

Accessibility is an inventory issue. Accessibility among vendors, manufacturers, and retailers will lead to automatic replenishment. The complex accessibility among DeU, FedEx, and the many manufacturers who make DeU s parts results in FedEx managing just-in-time deUvery of till the parts needed to build that special PC that the consumer just ordered today. At the end of the day, the system will tell us what we have on hand compared with what we want. If there is a difference, the difference will be ordered and the system will learn about proper inventory levels so that differences will be less likely in the future. In other words, the system learns from its experiences today and adjusts for tomorrow. [Pg.662]

In addition, because of the automatic detection capabilities of RFID, system inventory will be more closely aligned with the real, physical inventory. People s faith in the inventory shown in the system will improve, and they will tend to keep less (rather, hide) just-in-case stock. It can also help trigger replenishment processes automatically. [Pg.274]

Breadman A term applied to automatic replacement of inventory by third-party logistics providers, normally distributors. The analogy is the breadman who replenishes stock in the grocery store on a regularly scheduled basis. A related term is milk run. The term can also apply to types of vendor-managed inventory. [Pg.518]

Vendor- Managed Inventory (VMI) Vendor- Managed Replenishment (VMR) The practice of partnering between distribution channel members that changes the traditional replenishment process from distributor-generated purchase orders, based on economic order cjuantities, to the replenishment of products based on actual and forecasted product demand. Source CRP Best) A process by which a supplier automatically replenishes customer stock based on actual sales or shipments. Also called continuous replenishment. (Adapted from APICS Dictionary, 10th edition) Some practitioners view VMR as an enhancement of VMI, requiring more collaboration. [Pg.558]

The inventory control during shutdown typically relies on the operator to diagnose the problem and then to initiate an appropriate action to replenish the water lost. Both of those activities are subject to an operator error, and in a case of short time available for recovery could be a dominant contributor. A hardware modification to automatically initiate the RCS waster supply after a loss of RHR (upon the low water level signal) was installed at one plant. [Pg.46]


See other pages where Automatic inventory replenishment is mentioned: [Pg.227]    [Pg.256]    [Pg.227]    [Pg.256]    [Pg.59]    [Pg.393]    [Pg.408]    [Pg.153]    [Pg.153]    [Pg.42]    [Pg.68]   


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