This data is then updated into the main inventory database, and in the case of Wal-Mart, the vendor or supplier of this system can use this data to determine whether it is necessary to refill, and also use it for marketing statistics. Another integral piece of Wal-Mart's VMI system is the core database or system which hosts all of the transaction data. ... This process is called Electronic Data Interchange. ... This can tell managers the exact amount of a particular line of product that is still in stock, and it's location in the warehouse, saving precious manpower. ...

• Word Count: 628
• Approx Pages: 3
• Grade Level: Undergraduate

Abstract Losing a day of production does not sit well with Toyota management, so when its Georgetown, Kentucky, plant had to shut down for a day because a Midwest ice storm prevented passage of parts necessary for production, Japan's largest automaker decided it should get better at tracking and responding to the weather and hired Weather Data Inc. to be its own private forecasting company. ... So this past December, Toyota hired a small company from Wichita, KS, Weather Data Inc., for its own private forecasting agency in North America. ... The benefits are numerous: An emphasis on wo...

• Word Count: 1522
• Approx Pages: 6
• Grade Level: High School