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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), 2019Vendor-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.
Fran Casino +2 more
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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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Effects of Vendor-Managed Inventory on the Bullwhip Effect
International Journal of Information Systems and Supply Chain Management, 2011The bullwhip effect means that demand variability increases as one moves up the supply chain. In the following article the bullwhip effect is quantified for each part of the supply chain which is presupposed to consist of a producer, a wholesaler, a retailer, and a consumer. After considering the causes of the bullwhip effect, it will be shown with the
Hohmann, Susanne, Zelewski, Stephan
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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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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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Optimal selection of retailers for a manufacturing vendor in a vendor managed inventory system
European Journal of Operational Research, 2013A Vendor Managed Inventory (VMI) system consists of a manufacturing vendor and a number of retailers. In such a system, it is essential for the vendor to optimally determine retailer selection and other related decisions, such as the product’s replenishment cycle time and the wholesale price, in order to maximize his profit.
Yugang Yu +4 more
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Vendor managed inventory for single-vendor multi-retailer supply chains
Decision Support Systems, 2015Vendor 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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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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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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