1. What is Vendor Managed Inventory? summerize at least one journal article (recently published, after 2012).

2. What is facility layout planning? summerize at least one journal article (recently published, after 2012).

3. What is the definition of SMEs? summerize at least one journal article (recently published, after 2012).

4. What are common facility layouts for Vendor Managed Inventory for SMEs? summerize at least one journal article (recently published, after 2012).

5. What are common software/solutions for Vendor Managed Inventory in SMEs? summerize at least one journal article (recently published, after 2012).

Using your own words, write a two-page report that centers around vendor managed inventory related issues in SMEs, specifically for manufacturing industry. Make sure there is additional detail on facility layout and warehouse layout problems. Include best practices in terms of software, applications, any solution that seems to be effective in eliminating related issues. Use IEEE or APA format referencing

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1 Vendor Managed Inventory This is model in which the buyer provides the data and information to the supplier regarding the demand trends of sale of the supplied productproducts to ensure maintaining ... View the full answer