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a method that allows manufacturers or retailers to communicate inventory needs for their shelves or assembly lines in near-real time via Web-based system
Cross docking
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refers to moving a product from a manufacturing plant and delivering it directly to the customer with little or no material handling in between. It not only reduces material handling, but also reduces the need to store the products in the werehousing
Just in Time
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the method of moving the material into a specific location at the required time, i.e. just before the material is needed in the factory
Vendor Managed Inventory (VMI)
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a family of business models in which the buyer of a product provides certain information to a supplier of the product and the supplier takes full responsibility for maintaining
Supply Chain
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the network of retailers, distributors, transporters, storage facilities and suppliers that participate in the sale, delivery and production of a particular product
RFID
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The electronic communication of business transactions, such as orders, confirmations and ivoices, between organizations.
Kanban
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an inventory control system for tracking the flow or in-process materials through the various operations of a just in time production process.

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