Ultriva Helps Reduce Inventory and Supplier Lead Time for Lean Manufacturing
Most companies are asking their suppliers to hold inventory from which they can pull at a moment’s notice. Nandu Gopalun, Project Manager for Ultriva, Inc. explained in the company’s current blog post, “In my fifteen years of service at Ultriva, I have noticed a trend towards Consignment/Vendor Managed Inventories/Supplier Owned Managed inventories. The reality is whether the company carries the inventory or the supplier carries the inventory, inventory is an inventory. At the end of the day manufacturing companies are...
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