Manufacturing Industry
SeeChain consignment inventory: SeeCommerce Inc.'s Web-based offering helps manufacturers keep their off-site inventory under control.(integration/collaboration)
Industry Week, December, 2004 by Jusko, Jill
MAINTAINING APPROPRIATE INVENTORY levels has always given manufacturers fits. They wage war against carrying too much costly product with tools such as lean manufacturing, which aspires to keep inventory at minimal levels, while at the same time fighting the urge to maintain a healthy safety stock to address any eventuality. Get it wrong and you face either writing off excess inventory or coping with material shortages.
Today the inventory dilemma is only magnified by the growing trend of outsourcing--and with it, consigned inventory. Locating inventory at off-site locations, either with suppliers or contract manufacturers, adds yet another layer of complexity to the inventory dilemma.
Palo Alto, Calif.-based technology firm SeeCommerce Inc. believes...
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