Information Velocity

12manage is looking for students / contributors...

Just-in-time > Forum Log in

Information Velocity
Rhoda Buunaaim, Member
Why is information velocity important in supply chain management?

Information Velocity
Eric Schmitz, SIG Leader
Information velocity = the rate at which information is communicated in a supply chain.
In order to avoid the famous Bullwhip Effect, information throughout the whole supply chain has to be updated when needed.
Be careful: not only velocity is an issue; surely accuracy and understanding data are as relevant.

Information Velocity
Sabari, Member
One of the important parameters which flows across supply chain along with product and money is information. Only if the demand from customer is known (information) any company can implement pull mode of supply chain. Now through EDI communication the lead time can be further reduced. In this era of lean manufacturing inventory can be replaced with information.



  Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  

Special Interest Group Leader
Eric Schmitz

More on Just-in-time
Best Practices

Expert Tips


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2018 12manage - The Executive Fast Track. V14.1 - Last updated: 18-8-2018. All names of their owners.