All posts by Gerald Schmitt

Vendor Managed Inventory

Gerald Schmitt | Know-how

Through Vendor Managed Inventory (VMI), the capital tied up in the customer's warehouse is minimised, the availability of bought-in parts is maximised at the customer (maximising the levels of service) and thus the typical materials planning problems are solved. …

„Value Innovation Workshop“ – What is it?

Gerald Schmitt | Know-how

Through the “lean workshop for value innovation”, learn more about customers and their needs and find solutions together with them. If you look up the term “blue ocean strategy” in Wikipedia, the result is the short, but concise account of “renewal of …