What is Federated Inventory Management, briefly describe the differences between federated inventory

Federated inventory management.

It refers to the inventory management method from point to chain and from chain to surface for the purpose of reducing inventory costs and improving the market response ability of enterprises.

The joint inventory management strategy breaks the traditional siloed inventory management model.

It effectively controls the inventory risk in the first chain, embodies the integrated management idea of the first chain, adapts to the requirements of market changes, and is a new representative inventory management idea.

Advantages of Federated Inventory Management:

1.Because the joint inventory management transforms the traditional multi-level and multi-inventory inventory management model into the inventory management of the core manufacturing enterprises, the core enterprises can achieve the optimal management of the entire chain inventory through the effective control of various raw materials and finished products, and simplify the operation procedures of the first chain inventory management.

2.Joint inventory management not only reduces logistics links and logistics costs, but also improves the overall work efficiency of the first chain.

Joint inventory allows for the simplification of the first-chain inventory hierarchy and the optimization of transportation routes. In the traditional inventory management mode, each enterprise on the chain has set up its own inventory, and with the increase in the number of branches of the core enterprise, the transportation route of inventory materials will be geometric.

The increase, and the overlapping and staggering, will obviously increase the distance traveled and the number of vehicles on the way, and the cost of transportation will also be greatly increased.

3.The joint inventory management system further integrates the management of the first-chain system into two coordinated management centers upstream and downstream, thus partially eliminating the inventory fluctuations caused by the uncertainty and distortion of demand information between the first-chain links. Through the coordination management center, the supply and demand sides share demand information, thus improving the stability of the first chain.

4.This inventory control model is also used for other scientific first-chain logistics management.

For example, continuous replenishment of goods, rapid response, just-in-time supply and so on have created conditions.

Federated inventory management.

That is, the upstream and downstream enterprises of the first chain realize the sharing of inventory information through e-commerce.

It can also refer to the franchise store sales model, where the head office carries out unified inventory management and distribution.

Answer]: Joint inventory management and business management inventory is different, it emphasizes the participation of both parties at the same time, jointly develop the inventory plan, so that each inventory manager in the process of the first chain tomorrow - the first business, manufacturers, distributors, are from the coordination between each other, to maintain the first chain between the two nodes adjacent to the library to disturb the manager's expectations of demand, thereby eliminating the phenomenon of demand variation amplification. The determination of the demand of any adjacent node is the result of negotiation between the supply and demand sides, and inventory management is no longer an independent operation process, but a link and coordination center for supply and demand.

Answer]: CAB two, the idea of joint inventory management originated from the joint inventory function of the distribution center, which emphasizes the simultaneous participation of both parties to jointly formulate the inventory plan, so that each inventory manager (business, manufacturer, distributor) in the process of digging the rough chain is considered from the coordination between each other, and the inventory manager between the two adjacent nodes of the chain is consistent with the expectation of demand, so as to eliminate the amplification of demand variation. C, joint inventory management is to solve the demand amplification phenomenon caused by the independent inventory operation mode of each node enterprise in the first-chain system, and it is an effective way to improve the synchronization degree of the first-chain chain.

D, joint inventory management is a risk-sharing inventory management model, and VMI is a decision-making model of integrated chain operation.

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We're happy to answer for you! The joint inventory center reduces the inventory risk 1, and provides conditions and guarantees for the synchronous operation of the supply and supply chain of the car. 2. It reduces the demand distortion in the first chain, reduces the uncertainty of inventory, and improves the stability of the first chain.

3. As a link between supply and demand for information exchange and coordination, inventory can expose the defects in the management of the first chain and provide a basis for improving the management level of the first chain. 4. It has created conditions for the realization of zero inventory management, on-time procurement and fine chain management. 5. It further embodies the principle of resource sharing and risk sharing of the best chain management.

6. Establish a benefit distribution and incentive mechanism. In order to effectively operate the inventory management based on the coordination center, it is necessary to establish a fair benefit distribution system, and effectively encourage the various enterprises and departments at all levels to participate in the coordination of the inventory management center, prevent opportunistic behavior, and increase collaboration and coordination. 7. Joint inventory management not only reduces logistics links and logistics costs, but also improves the overall work efficiency of the first chain.