What is supplier managed inventory in SAP LOD-ESO - Sourcing OnDemand?

SAP Term: supplier managed inventory

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: A variant of VMI vendor-managed inventory. In this business scenario, the customer runs SAP Supply Network Collaboration SAP SNC together with an ERP system for materials management.

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• Key Concepts: 
  Supplier Managed Inventory (SMI) is a feature of SAP LOD-ESO Sourcing OnDemand that allows suppliers to manage their own inventory. This means that suppliers can view and manage their own inventory levels, as well as set up automated replenishment orders. This helps to ensure that the supplier has the right amount of inventory on hand at all times. 
  
  How to use it: 
  To use Supplier Managed Inventory, suppliers must first set up an account with SAP LOD-ESO Sourcing OnDemand. Once the account is set up, suppliers can then view and manage their own inventory levels, as well as set up automated replenishment orders. This helps to ensure that the supplier has the right amount of inventory on hand at all times. 
  
  Tips & Tricks: 
  When setting up an account with SAP LOD-ESO Sourcing OnDemand, it is important to make sure that all of the necessary information is entered correctly. This includes the supplier’s contact information, inventory levels, and any other relevant information. Additionally, it is important to keep track of any changes in inventory levels so that the supplier can adjust their replenishment orders accordingly. 
  
  Related Information: 
  For more information about Supplier Managed Inventory and how to use it with SAP LOD-ESO Sourcing OnDemand, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature.