“Is Vendor Scheduling in horse racing form terms SFSF”
(Started, Farted, Slipped and Fell)?
The concept of Vendor Scheduling was developed alongside MRPII (ERP) principals and Lean/JIT thinking back in the 1980’s/90’s. The basic premise is to provide the Vendor/Supplier with stable and reasonable long term visibility for them to use within their planning process. The benefits of this approach are win-win on both sides.