Christmas in Napa Valley. My son was in love with a beautiful young woman whose family lives in Northern California. I was gripped with fear and I hadn't even met them yet. My (and my son's) future in-laws invited us to meet them at a resort in Yountville, a town in Napa Valley, where Thomas Keller's world-renowned French Laundry restaurant is located.
Supplier Quality Management (SQM) is confidence in a supplierâs ability to deliver a good or service that will satisfy the customerâs needs. Achievable through interactive relationship between the customer and the supplier, it aims at ensuring the productâs âfitâ to the customerâs requirements with little or no adjustment or inspection.
Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies.ee complete definition. vendor-managed inventory (VMI). Vendor-managed inventory (VMI) is an inventory management technique in which a supplier of goods, usually the manufacturer, is ... See complete definition. warehouse management system (WMS).