Case Study

More Transparency, Lower Stock Levels And Reduced Costs On Both Sides

More Transparency, Lower Stock Levels And Reduced Costs On Both Sides

Pages 2 Pages

More Transparency, LoWer sTock LeVeLs and reduced cosTs on boTh sides by using Vendor Managed inventory (VMi), suppliers become active play- ers and take on responsibility for the stocks of their customers. They can view current stocks, supply within fixed and agreed maximum and minimum stock limits and thereby better plan their own production. The benefits for suppliers and their customers are obvi- ous: more transparency, lower stock levels, reduced costs. As one of the world’s largest automo- tive suppliers, the processes used by the ZF Group are highly complex and the company procures huge volumes of material. This is why it is so impor- tant that ZF continuously optimizes the quality and efficiency of its processes. One of the company’s focuses is on procurement proces

Join for free to read