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Optimizing Vendor-Managed Inventory (VMI)

  • On 01/11/2025
Vendor Managed Inventory (VMI) is a form of consigned inventory where the supplier retains ownership of the stock until it is used or sold by the customer. This strategy has become increasingly popular in supply chain management for streamlining operations and reducing costs. By allowing suppliers to manage inventory levels on behalf of their customers, […]
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How to Improve Your Inventory Accuracy

  • On 01/11/2025
How to Improve Your Inventory Accuracy Inventory accuracy is critical to the smooth operation of any manufacturing or supply chain process. Inaccurate inventory records can lead to material shortages, production delays, and lost revenue. Moreover, excess inventory resulting from poor record-keeping can tie up valuable working capital and increase storage costs. Achieving near-perfect inventory accuracy […]
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Five Proven Strategies to Reduce Supply Chain Backlogs

  • On 12/24/2024
Supply chain backlogs can lead to missed deadlines, dissatisfied customers, and increased operating costs, all of which can undermine a company’s competitiveness. However, with a proactive approach and the right strategies, supply chain backlogs can be mitigated effectively. Below are five proven strategies that Altemir Consulting has used to reduce supply chain backlogs, improve operational […]
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Avoiding the Scurge of Partial Shipments

  • On 04/04/2023
Partial shipments can be a significant challenge for both customers and suppliers in supply chain management. When a customer orders a specific quantity of products and only receives a portion of the order on the specified due date, it can create significant problems. However, there are strategies that can help mitigate these issues and improve […]
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The Best Supplier Management You Can Provide is …

  • On 02/28/2023
It's not uncommon for manufacturers to subscribe to the "vending machine" model of supplier management where they place an order and expect a product to be delivered on time without much thought or effort beyond that. This approach may seem convenient, but it doesn't foster the kind of collaborative relationship that is needed for successful […]
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