opm final

The steps and the firms that

perform these steps in the transformation of raw

inputs into finished products bought by customers

The delivery of goods and services that

are purchased from suppliers and/or their

distributors.

The delivery of goods and services that

are sold to a firm’s customers and/or

distributors.

Inventories in a firm’s facility that are the

responsibility of the supplier to maintain

and to replenish as necessary

Inventories that are physically present in a

firm’s facility but that are still owned by the

supplier

Direct link between a manufacturer’s

database and that of the vendor

Just-in-time replenishment system using

bar-code scanning and EDI.

Strategy for bringing distributors, suppliers,

and grocers together using bar-code

scanning and EDI.

- Establishing a strategic alliance or partnership with a firm that specializes in

transportation or logistics.

combination of transportation and carrying costs associated with delivery of raw materials and components that are inbound to the plant.