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benefits to just in time inventory

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... software program known as SIMON, named for supplier inventory management order network, in an effort to support its efforts to anticipate customer demand and replenish customer stocks. The software, which runs on a central Lotus Domino server, while running on Lotus Notes clients at customer sites, enables the sharing of information on inventory and consumption levels, as well as demand forecasts, through Internet or e-mail links. SIMON is an innovative supply management solution.

Supply Chain Management

A supply chain refers to a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into intermediate and finished ...

... the reigns of everyday tasks, such as stock management, purchasing and order tracking.

SIMON assists Shell’s customers in updating product supply forecasts, and checking on the status of shipments. It also allows customers to update the system if rail cars are on site or unloaded. SIMON basically provides consumers with more time to deal with other issues of production.

Continuous improvement means that the practices and their effectiveness are looked at again and again and changed if they no longer are the best. SIMON is a clear example of continuous improvement, and Shell reports that customers using this product have added more than $28 ...

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