A successful vmi solution requires a high degree

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A successful VMI solution requires a high degree of information sharing among the parties involved. A vendor supplying components to an automotive assembly plant, for example, can only produce and deliver the correct quantitiesjust-in-timeif the vehicle production schedule is made available to them weeks in advance. Some managers are reluctant to share this type of information to other parties. What recommendations would you provide to these executives to persuade them to cooperate? Tip: Think about the balance between opportunities and risks and offer ideas to protect the information shared.

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Reference no: EM13755192

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