Using RFID to Obtain Supply on Demand
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For most companies, demand alone is a poor driver of network planning. Customer lead times are generally less than the lead time required to source and make the products to deliver to demand. Companies need to be more "demand responsive," since they rarely have the capability to make product to demand. Instead, resources and material must be accurately scheduled and deployed to respond to demand as it is placed for operational execution.
This paper explores:
How to manage vendor managed inventory and consigned inventory more closely with inventory movement data being caputured through global RFID networks;How to improve supply chain optimization, looking forward to RFID's eventual widespread implementation; Making better use of real time operating data collection from RFID; How to get started with improving supply chain performance in advance of RFID data collection.
This post was written by: Rahil Anouar
Rahil Anouar is a professional blogger, web designer and Linux user. Follow him on Twitter
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