20-08-2012, 05:00 PM
eBusiness Solutions
eBusiness.ppt (Size: 841 KB / Downloads: 37)
Electronic Data Interchange
Just in Time response to needs
Customer MRP tracking
Vendor Managed Inventory
In House Store
Reduce time necessary to complete business transactions
Reduce faxing and phone calls
Increase accuracy
No duplicate entry
Conduct business in a paperless environment
EDI Forecast with Release
Effective solution for JIT inventory management
The 830 allow asset management to be prepared to keep on top of your needs based upon your rolling forecast
When material is needed a release is issued against the forecast, triggering a shipment from NIC
EDI In House Store
In House Store / Consignment Inventory
Customer site treated as NIC warehouse - “CUS”
Inventory levels maintained based on 830 (Customer Forecasts)
NIC receives Shipping Schedule (862) from Customer which automatically creates a ship only/no bill order.
Customer sends an Receipt Advice (861) when the product is received. We update the CUS warehouse inventory.
As material is used, Customer sends Purchase Order (850/856) which depletes the CUS warehouse inventory and invoices customer.
EDI In House Store/VMI
Most comprehensive vendor managed inventory
Customer site treated as NIC warehouse - “CUS”
Optimal inventory levels determined by Customer forecasts (830)
NIC automatically replenishes based on current levels and optimal inventory level
Warehouse transfers are issued automatically to replenish stock (943/944)
As material is used, Customer sends advice of such usage which triggers billing of material - (850/856)