Supplier-managed inventory: schedule sharing.
Supplier-managed inventory (SMI) is a methodology that provides a true win-win partnership between customers and suppliers. SMI supports flexibility for the customer to change schedules and flexibility to the supplier to decide when and how much to ship. All this is accomplished via electronic data interchange (EDI), which communicates the customer's gross requirements, inventory, and desired minimum/maximum inventory levels.
Ray
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Motorola, Austin, TX, USA.
Swanson
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D003258:Consumer Behavior; D003284:Contract Services / Q000592:standards*; D017598:Efficiency, Organizational; D007221:Industry / Q000458:organization & administration*; D007445:Inventories, Hospital; D008331:Management Information Systems; D008421:Materials Management, Hospital; D017146:Models, Organizational; D009937:Organizational Objectives; D017748:Time Management; D014481:United States