The Role of Cryptography in Procurement and Supply Chain

The Role of Cryptography in Procurement and Supply Chain

This series will be a look into the underlying technologies of the popular blockchain with an eye towards applications in procurement and supply chain.

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5 Decisions that you need to make before starting a VMI: Part 1 Agreement Type

5 Decisions that you need to make before starting a VMI: Part 1 Agreement Type

Using a term like Vendor Managed Inventory speaks more to a concept than an actual defined system. VMI refers to a supply system in which the vendor is responsible for pushing items to the customer rather than the customer pulling them through devices such as purchase orders or releases.

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Blockchain, Chatbots, and AI in Supply Chain

Blockchain, Chatbots, and AI in Supply Chain

The future is becoming a more exciting place. We are currently in the middle of multiple revolutions as much of our physical world is now being digitized.

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Basics Of Vendor Managed Inventory (VMI) System: Part 1

Basics Of Vendor Managed Inventory (VMI) System: Part 1

When it comes to small, standard parts, the VMI or Vendor Managed Inventory can be one of the best supply solutions for both customers and vendors. Whether MRO items or ā€œCā€ Level production parts, the VMI offers lower price, lower time investments, more cash, higher ROA, and better supplier relationships.

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