Results 261 to 270 of about 1,224,328 (301)
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Vendor‐managed‐inventory (VMI) in construction
International Journal of Productivity and Performance Management, 2008Purpose – The purpose of this paper is to describe the challenge of managing logistics at corporate level in construction industry; and to present and evaluate vendor‐managed‐inventory (VMI) as a potential solution for small item logistics.Design/methodology/approach – The study has a design science approach.
Kari Tanskanen +3 more
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Dynamic Vendor Managed Inventory
2007 International Symposium on Logistics and Industrial Informatics, 2007The article deals with obstacles frequently encountered during the implementation of Vendor Managed Inventory (VMI). It describes conceptual elements apt to overcome these obstacles, one of the key elements being to apply a dynamic logic to the core parameters of VMI.
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Situation reactive approach to Vendor Managed Inventory problem
Expert Systems with Applications, 2009In this research, we deal with VMI (Vendor Managed Inventory) problem where one supplier is responsible for managing a retailer's inventory under unstable customer demand situation. To cope with the nonstationary demand situation, we develop a retrospective action-reward learning model, a kind of reinforcement learning techniques, which is faster in ...
Choonjong Kwak +3 more
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Wertorientiertes Vendor Managed Inventory durch IT-gestützte Steuerung
HMD Praxis der Wirtschaftsinformatik, 2012Im Wettbewerb um die begrenzten Verkaufsflachen im Lebensmitteleinzelhandel (LEH) bieten Lieferanten Vendor Managed Inventory (VMI) als komplementare Dienstleistung zu ihren Produkten an. Der LEH stellt mit uber 30.000 Filialen deutschlandweit besondere Herausforderungen an Zulieferer, die mittels VMI die Warendisposition in den Verkaufsregalen steuern.
Alexander Fuchs 0005 +4 more
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Supply Chain Learning and Spillovers in Vendor Managed Inventory
Decision Sciences, 2012ABSTRACTDespite extensive literature on the value of supply chain collaboration programs, little research has examined the issue from the perspective of organizational learning. Using a unique, operational level dataset, we empirically examine the learning curves through which performance improvements are realized under vendor managed inventory (VMI ...
Yuliang Yao +2 more
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Heuristics for the Vendor-Managed Inventory Problem of Convenience Stores
2014 International Conference on IT Convergence and Security (ICITCS), 2014This paper proposes five heuristics for the vendor- managed inventory problem of convenience stores with stock-out based item substitution while maximizing supply chain profit. The performance of the proposed heuristics is evaluated via a computer simulation to reflect the demand uncertainty and marketing activity.
Sung-Joon Yoon, Yang-Byung Park
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Coordinating a loss-averse newsvendor with vendor managed inventory
2004 IEEE International Conference on Systems, Man and Cybernetics (IEEE Cat. No.04CH37583), 2005Supply chain inefficiencies can result from incompatible incentives provided by independent decision-makers and also their risk aversion effect. This paper investigates how vendor managed inventory (VMI) affects a supply chain formed by a risk-neutral supplier and a loss-averse retailer.
Hansheng Suo, Jingchun Wang, Yihui Jin
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Retailer- vs. Vendor-Managed Inventory and Brand Competition
Management Science, 2004Vendor-managed inventory (VMI) is emerging as a significant development in the recent trend towards collaboration and information sharing in supply chain management. Transfer of inventory monitoring and other overhead costs to manufacturers and continuous replenishment of retailer inventory are commonly cited as potential benefits that VMI offers to ...
Birendra K. Mishra +1 more
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Exploring the benefits of vendor managed inventory
International Journal of Physical Distribution & Logistics Management, 2007PurposeThe purpose of this paper is to explore the performance increase achieved by vendor managed inventory (VMI) under different levels of outside supply capacity, demand uncertainty, and lead time.Design/methodology/approachThe study uses discrete event simulation to explore the performance increase achieved by VMI under different supply chain ...
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Note on supply chain integration in vendor-managed inventory
Decision Support Systems, 2007In a recent paper Yao et al. present a single-buyer-single-supplier model to explore the effects of collaborative supply-chain initiatives such as vendor managed inventory (VMI). Several conclusions drawn from their model are arguable as (i) the model ignores the costs of shipments from the supplier to the buyer and (ii) the model times the incoming ...
van der Vlist, P +2 more
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