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02:49 Apr 29, 2005
English to Chinese translations [PRO] Tech/Engineering - IT (Information Technology)
English term or phrase:setting the gauge for this supply-chain railroad
But manufacturers finally have a shot at turning that fantasy into reality. The key is integrating POS (point-of-sale) data with modern demand-planning tools, which are just now coming together for the enterprise. Wal-Mart has led the way, providing its suppliers POS data per store, updated several times a day, allowing suppliers to adjust their distribution, manufacturing, and marketing efforts based on what's actually selling and where.
"Wal-Mart is setting the gauge for this supply-chain railroad," says Don DePalma, supply-chain analyst at Common Sense Advisory. Other major retailers, such as Best Buy, Home Depot, Kmart, Lowe's, Rite-Aid, and Target, are following suit.