Vendor Managed Inventory Toolkit

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Save time, empower your teams and effectively upgrade your processes with access to this practical Vendor Managed Inventory Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Vendor Managed Inventory related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Vendor Managed Inventory specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Vendor Managed Inventory Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...


STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 996 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Vendor Managed Inventory improvements can be made.

Examples; 10 of the 996 standard requirements:

  1. How do you use lean, agile, or just-in-time methodologies or practices like vendor-managed inventory or supplier-managed inventory to reduce costs without impeding your responsiveness?

  2. Does your organization participate in any strategic partnerships or preferred buyer/supplier relationships in which you are contracted with certain suppliers?

  3. Is it the intention to acquire the software and have the vendor host, or do you intend to have the vendor imbed the software cost as part of the hosting fees?

  4. What are the targets you will set for organizations for achieving a high image on customer service and evaluating the performance level?

  5. Do you know what each vendor requires in terms of usage or inventory data, and can the data be gathered and/or the reports run easily?

  6. What is the best way to achieve benefits without prohibitive start-up costs or a significant investment in time and resource?

  7. How much capacity should a supplier sell through futures or forward contracts instead of reserving for spot market sales?

  8. Are you using exchange pools, vendor-managed inventory, volume/mix flexibility in contracts, and other advanced methods?

  9. Is it likely that an increase in price expectations and wages alone can cause a permanent increase in the price level?

  10. Do you feel inventory management practices of the industry have progressed to reflect current management philosophies?


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Vendor Managed Inventory book in PDF containing 996 requirements, which criteria correspond to the criteria in...

Your Vendor Managed Inventory self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Vendor Managed Inventory Self-Assessment and Scorecard you will develop a clear picture of which Vendor Managed Inventory areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Vendor Managed Inventory Self-Assessment
    • Is secure: Ensures offline data protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Vendor Managed Inventory projects with the 62 implementation resources:

  • 62 step-by-step Vendor Managed Inventory Project Management Form Templates covering over 1500 Vendor Managed Inventory project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Procurement Audit: Is an appropriated degree of standardization of goods and services respected?

  2. Team Member Status Report: Is there evidence that staff is taking a more professional approach toward management of your organizations Vendor Managed Inventory projects?

  3. Scope Management Plan: Is it possible to track all classes of Vendor Managed Inventory project work (e.g. scheduled, un-scheduled, defect repair, etc.)?

  4. Procurement Audit: Is the routing of copies of purchase order forms defined?

  5. Procurement Audit: Are there authorizations on file to support all deductions from payroll checks?

  6. Duration Estimating Worksheet: Will the Vendor Managed Inventory project collaborate with the local community and leverage resources?

  7. Assumption and Constraint Log: Was the document/deliverable developed per the appropriate or required standards (for example, Institute of Electrical and Electronics Engineers standards)?

  8. Probability and Impact Assessment: Has the need for the Vendor Managed Inventory project been properly established?

  9. Schedule Management Plan: Are schedule performance measures defined including pre-set triggers for specific actions?

  10. Responsibility Assignment Matrix: All cwbs elements specified for external reporting?

 
Step-by-step and complete Vendor Managed Inventory Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

  • 1.1 Vendor Managed Inventory project Charter
  • 1.2 Stakeholder Register
  • 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:

  • 2.1 Vendor Managed Inventory project Management Plan
  • 2.2 Scope Management Plan
  • 2.3 Requirements Management Plan
  • 2.4 Requirements Documentation
  • 2.5 Requirements Traceability Matrix
  • 2.6 Vendor Managed Inventory project Scope Statement
  • 2.7 Assumption and Constraint Log
  • 2.8 Work Breakdown Structure
  • 2.9 WBS Dictionary
  • 2.10 Schedule Management Plan
  • 2.11 Activity List
  • 2.12 Activity Attributes
  • 2.13 Milestone List
  • 2.14 Network Diagram
  • 2.15 Activity Resource Requirements
  • 2.16 Resource Breakdown Structure
  • 2.17 Activity Duration Estimates
  • 2.18 Duration Estimating Worksheet
  • 2.19 Vendor Managed Inventory project Schedule
  • 2.20 Cost Management Plan
  • 2.21 Activity Cost Estimates
  • 2.22 Cost Estimating Worksheet
  • 2.23 Cost Baseline
  • 2.24 Quality Management Plan
  • 2.25 Quality Metrics
  • 2.26 Process Improvement Plan
  • 2.27 Responsibility Assignment Matrix
  • 2.28 Roles and Responsibilities
  • 2.29 Human Resource Management Plan
  • 2.30 Communications Management Plan
  • 2.31 Risk Management Plan
  • 2.32 Risk Register
  • 2.33 Probability and Impact Assessment
  • 2.34 Probability and Impact Matrix
  • 2.35 Risk Data Sheet
  • 2.36 Procurement Management Plan
  • 2.37 Source Selection Criteria
  • 2.38 Stakeholder Management Plan
  • 2.39 Change Management Plan


3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:

  • 4.1 Vendor Managed Inventory project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance


5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Vendor Managed Inventory project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any Vendor Managed Inventory project with this in-depth Vendor Managed Inventory Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Vendor Managed Inventory projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based best practice strategies aligned with overall goals
  • Integrate recent advances in Vendor Managed Inventory and put process design strategies into practice according to best practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Vendor Managed Inventory investments work better.

This Vendor Managed Inventory All-Inclusive Toolkit enables You to be that person.

 

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.