Implementing vendor-managed inventory the efficient way: a case study of partnership in the supply chain

Article Abstract:

An information system solution was obtained that leads to effective application of vendor-managed inventory by a hygiene products wholesaler. The solution obtained was based on the standard (EDIFACT) inventory report and a slightly improved standard functionality of SAP R/3 version 2.2F. Its development and application cost for the vendor's information system was two man months and a lead time of four months.

Drugs and Druggists' Sundries Wholesalers, Drugs, proprietaries, and sundries, Drugs, Cosmetics, Toiletries Whsle, Wholesale industry, Wholesale trade, Logistics

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Improving inventory accuracy using control charts

Article Abstract:

The use of control charts proved to be effective in enhancing inventory accuracy. Control charts, such as moving range control chart, assist in the development of a performance baseline and in the determination of assignable causes of variation. They also assist in lessening the error rate associated with inventory counts through identification of the present average error rate.

Inventory Control, Quality control charts

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Quality tools for improvement

Article Abstract:

Statistical process control (SPC) uses statistical quality control for quality improvement, and it can apply in both service and manufacturing aspects of a company. An injection molder of plastics provides an example of how SPC is applied to process data. Basic tools used include a tally sheet, Pareto chart, scatter diagram, run chart, flow chart and cause-and-effect diagram.

Analysis, Case studies, Statistical process control

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