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Vendor-managed inventory: a review based on dimensions
International Journal of Production Research, 2013Vendor-managed inventory (VMI) represents the methodology through which the upstream stage of a supply chain (vendor) takes responsibility for managing the inventories at the downstream stage (customer) based on previously agreed limits. VMI is another method by which supply chains can be managed, and, owing to centralised decision-making and constant ...
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Research on the supplier selection in vendor-managed inventory
2011 Eighth International Conference on Fuzzy Systems and Knowledge Discovery (FSKD), 2011A supplier evaluation index system which takes the manufacturer as the core enterprise is established. GAHP is used to organize the evaluation information of a group of experts, by which manufacturer can decide the relative importance of each attribute.
Fang Wang, Mi Zhou
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Competitive Advantage with Vendor Managed Inventory
Journal of Promotion Management, 2020Vendor managed inventory (VMI) has become a competitive supply chain management tool that has been used by retailers, suppliers and manufacturers to reduce inventory management cost over the last f...
Hooshang M. Beheshti +2 more
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Optimal Deliveries in a Vendor Managed Inventory Service
International Journal of Applied Logistics, 2014In a VMI service, a central production center (i.e. the vendor) can control the inventory of each retailer according to the optimization of the costs due both to the overfilling/stock-out of the inventories and to the travels required for the deliveries.
BERSANI, CHIARA, SACILE, ROBERTO
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Vendor-managed inventory and the effect of channel power
OR Spectrum, 2007zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Bogdan C. Bichescu, Michael J. Fry 0001
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Vendor managed inventory for environments with stochastic product usage
European Journal of Operational Research, 2010zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Vera C. Hemmelmayr +3 more
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Application of Vendor Managed Inventory in a Deodorant Manufacturing Company
2021 3rd International Conference on Management Science and Industrial Engineering, 2021The competition in the Fast-Moving Consumer Goods (FMCG) industry has increased significantly in recent years from both domestic and worldwide markets. Manufacturers must prepare enough stock to support fluctuation demand from clients. However, overstock directly affects manufacturing costs.
Rungnapa Liewsomboon, Parames Chutima
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Vendor managed inventory in tramp shipping
Omega, 2014Abstract This paper introduces a new problem to the OR community that combines traditional tramp shipping with a vendor managed inventory (VMI) service. Such a service may replace the more traditional contract of affreightment (COA) which for decades has been the standard agreement between a tramp shipping company and a charterer.
Magnus Stålhane +3 more
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Beyond Vendor Managed Inventory: the Glaxosmithkline Case
Supply Chain Forum: An International Journal, 2004In 1995, GlaxoSmithKline launched a project with the aim of changing the management of planning and replenishment processes within GSK’s global supply network. The purpose was to implement Vendor Managed Inventory (VMI) both upstream and downstream in the supply network in order to co-ordinate the flows of materials and information between a number of ...
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Pricing in a vendor managed inventory system
International Journal of Logistics Systems and Management, 2006The turnover and profit of an organisation depend on the price and demand of its products. It is generally believed that a fair price acceptable to the partners is an important factor for better relations in VMI. Revenue-sharing is the concept by which total channel profit should be allocated among Supply Chain (SC) partners in different profit ratios.
S.P. Nachiappan, N. Jawahar, M. Ganesh
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