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Vendor-managed inventory ( VMI) is an inventory management practice in which a supplier of goods, usually the manufacturer, is responsible for optimizing the inventory held by a distributor. Under VMI, the retailer shares their inventory data with a vendor (sometimes called supplier) such that the vendor is the decision-maker who determines the ...
Inventory management software. Inventory management software is a software system for tracking inventory levels, orders, sales and deliveries. [1] It can also be used in the manufacturing industry to create a work order, bill of materials and other production-related documents. Companies use inventory management software to avoid product ...
Management information system. A management information system (MIS) is an information system [1] used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization. The study of the management information systems involves people, processes and technology in an organizational context.
Type. Database & transaction processing subsystem. License. Proprietary. Website. www .ibm .com /software /data /ims /index .html. The IBM Information Management System ( IMS) is a joint hierarchical database and information management system that supports transaction processing. [citation needed]
Product data management (PDM) serves as a central knowledge repository for process and product history and promotes integration and data exchange among all business users who interact with products — including project managers, engineers, salespeople, buyers, and quality assurance teams. The central database will also manage metadata such as ...
Records management, also known as records and information management, is an organizational function devoted to the management of information in an organization throughout its life cycle, from the time of creation or receipt to its eventual disposition. This includes identifying, classifying, storing, securing, retrieving, tracking and ...
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