Lean Manufacturing Requires Supplier Replenishment

Lean manufacturing principles require a variety of inventory replenishment methods, including: schedule-based replenishment, discrete POs, min/max, consignment and VMI (vendor-managed inventory) replenishment methods. With supplier replenishment, manufacturers can drive replenishment from production schedules, publish forecasts to suppliers, and automate purchase order releases and receipts through a collaborative Internet portal.

Vendor Manged Inventory