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What is vendor managed inventory

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Reference no: EM131825512

Question: 1. What is Vendor Managed Inventory? Find at least one journal article (recently published, after 2012).

2. What is facility layout planning? Find at least one journal article (recently published, after 2012).

3. What is the definition of SMEs? Find at least one journal article (recently published, after 2012).

4. What are common facility layouts for Vendor Managed Inventory for SMEs? Find at least one journal article (recently published, after 2012).

5. What are common software/solutions for Vendor Managed Inventory in SMEs? Find at least one journal article (recently published, after 2012).

NOTE: Using your own words, write a two-page report that centers around vendor managed inventory related issues in SMEs, specifically for manufacturing industry. Make sure there is additional detail on facility layout and warehouse layout problems. Include best practices in terms of software, applications, any solution that seems to be effective in eliminating related issues. Use IEEE or APA format referencing.

Reference no: EM131825512

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