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Vendor Managed Inventory and Strategy

International Journal of Sustainable Economies Management, 2020
Vendor-managed inventory (VMI) may be perceived as a business agreement between a supplier and a buyer in which the supplier manages the customer's inventory for a fee. The purpose of this paper is to examine potential and current VMI relationships between two large Pittsburgh-based companies, mostly from a global reach perspective.
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Vendor‐managed‐inventory (VMI) in construction

International Journal of Productivity and Performance Management, 2008
Purpose – 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, 2007
The 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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Vendor-managed inventory: a review based on dimensions

International Journal of Production Research, 2013
Vendor-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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Vendor managed inventory in tramp shipping

Omega, 2014
Abstract 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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Vendor managed inventory

2017
Das Konzept von Vendor Managed Inventory beinhaltet die Optimierung von Lieferketten, indem die Verantwortung der Lagerbestände beim produzierenden Unternehmen auf die Lieferanten übertragen wird. Diese Masterarbeit ist ein Anwendungsversuch in der Schienenfahrzeugindustrie am Beispiel der Siemens Mobility Geschäftseinheit Urban Transport mit Werk in ...
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Beyond Vendor Managed Inventory: the Glaxosmithkline Case

Supply Chain Forum: An International Journal, 2004
In 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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Enhanced Vendor-managed Inventory through Blockchain

2019 4th South-East Europe Design Automation, Computer Engineering, Computer Networks and Social Media Conference (SEEDA-CECNSM), 2019
Vendor-managed inventory (VMI) is a commonly used collaborative inventory management policy in which manufacturers/vendors manage the inventory of retailers and take responsibility for making decisions related to the timing and extent of inventory replenishment.
Casino, Fran   +2 more
openaire   +1 more source

Vendor managed inventory for single-vendor multi-retailer supply chains

Decision Support Systems, 2015
Vendor managed inventory (VMI) as a supply chain coordination mechanism has been gaining a lot of attention. This paper develops analytical models for various approaches through which a single vendor-multiple retailer system may be coordinated through VMI.
Arqum Mateen, Ashis Kumar Chatterjee
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Inventory Management Practices and Its Effects on Vendor Managed Inventory Performance

Advanced Science Letters, 2015
The Vendor Managed Inventory (VMI) has long been implemented by many corporations due to its various positive effects it has towards the company’s performance.At the same time, a number of success stories of VMI program have also been discussed by numerous authors.However, until now, there is no concrete conclusion on VMI has been clarified. Therefore,
Radzuan, Kamaruddin   +4 more
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