Would you recommend using Vendor Managed Inventory (VMI) or Consignment Inventory (CI)? Supply chain management professionals today are asking this daunting question with growing frequency as companies push themselves to do more with less resources.
Efficiency, is a word often associated with automation, time savings, productivity, and now Radio Frequency Identification (RFID). “Driving Efficiency” is a frequently used term in the office, usually followed up with the question; How do we achieve this? One of the technologies that is more recently seeing expansive and creative use to drive efficiency in the Supply Chain world is RFID.