A former student asked me: Would you recommend using Vendor Managed Inventory (VMI) or Consignment Inventory (CI)? I feel like VMI means that you have to regulate the Suppliers more than Consignment would. Consignment allows you to have your inventory costs in the hands of the supplier so the inventory cost is lower for you. ...
The Future of SCM: Predictive Analytics ranked #2! This class will now be required of every WMU supply chain major: CIS 2640 – Applied Analytics Foundations…Here is an example of a F500 firm that has full time SCM roles but also requires VERY strong Data Analytics skills (they love Tableau)…Sime Curkovic