Procurement strategies and a category item

Reorder the following

• sales

• is 10 cars

• our

• forecast

• per month

Reorder the following

• projected

• rate

• of production?

• what

• is your

Reorder the following

• multiple

• suppliers?

• you

• need

• will

Reorder the following

• strategy

• what

• inventory

• you use?

• will

Reorder the following

• stock?

• hold

• you

• will

• safety

A system in which the inventory is monitored, planned and managed by the manufacturer on behalf of the customer 

• CRP Continuous replenishment 

• CM Category management

• VMI Vendor-managed inventory 

• QR Quick response

• DSD Direct store delivery

Products that have similar characteristics regarding their selling profile are categorized into families. 

• VMI Vendor-managed inventory 

• QR Quick response

• CM Category management

• CRP Continuous replenishment

• DSD Direct store delivery

Real-time demand is identified by electronic cash register and the product movement is co-ordinated from supplier to the retail store.

• CRP Continuous replenishment 

• CM Category management

• DSD Direct store delivery

• QR Quick response

• VMI Vendor-managed inventory

It means that orders are transferred electronically to the manufacturer. Then they are delivered to the retail store. 

• VMI Vendor-managed inventory 

• QR Quick response

•  CM Category management

• CRP Continuous replenishment 

• DSD Direct store delivery

A system which is similar to CRP. It is often used for products that need to be supplied frequently and in small batch sizes. 

• QR Quick response

• VMI Vendor-managed inventory 

• DSD Direct store delivery

• CRP Continuous replenishment 

• CM Category management