Vendor Stock Risk: How to Reduce?Eric Schmitz, Other, Belgium
Just-in-Time is a methodology belonging to a
lean strategy and should follow the basics of
lean thinking.
Respect for all, continuous improvement and
stable processes are fundamentals of lean.
As a consequence J.I.T. also has to follow these fundamentals.
So, the risk of the safety stock for design change requests and other products updates at vendor’s side should be the responsibility of the customer. How to cover this risk?
Possible actions are:
* Delivery lead times based on
actual process performance
* Possibility for
rework of ‘old’ type to ‘new’ type as condition for design changes and updates
* Safety stock of
components and raw material and not finished goods
* Close and deep partnership between vendor and customer in order to
optimize the material- and data-flow.
Who can give us other solutions?
