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Heuristics for the Vendor-Managed Inventory Problem of Convenience Stores

2014 International Conference on IT Convergence and Security (ICITCS), 2014
This 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
openaire   +2 more sources

A Vendor-Managed Inventory Model for Deteriorating Products

International Journal of Operational Research, 2022
Anyarin Sakrujiratham, Huynh Trung Luong
openaire   +1 more source

Exploring the benefits of vendor managed inventory

International Journal of Physical Distribution & Logistics Management, 2007
PurposeThe 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 ...
openaire   +1 more source

Information exchange in vendor managed inventory

International Journal of Physical Distribution & Logistics Management, 2007
PurposeVendor managed inventory (VMI) is a model for supply chain collaboration gaining ground in multiple industries around the world. Forecasting is one of several means to predict future demand. The purpose of this paper is to identify what types of advance demand data would be valuable to the supplier for successful replenishment planning in cases ...
openaire   +1 more source

Vendor Managed Inventory and Its Effect in the Supply Chain

2005
Many companies have tried to get the competitive advantage through the effective supply chain management. To manage the supply chain effectively, many strategy based on the shared information among the entities in supply chain has been developed. Although the supply chain members agree with the idea that the policy based on the shared information will ...
Sungwon Jung   +3 more
openaire   +1 more source

Vendor managed inventory - VMI

2002
Ιστορικά, οι επιχειρήσεις χρησιμοποιούσαν όλες τους τις δυνάμεις στο να παράγουν προϊόντα δίνοντας ελάχιστη σημασία στους τρόπους με τους οποίους αυτά τα προϊόντα φτάνουν στον τελικό καταναλωτή. Η “Αλυσίδα Εφοδιασμού” παρέμενε μία αφηρημένη έννοια και τα “Logistics” ήταν ένας όρος που δεν χρησιμοποιούνταν συχνά στα πλαίσια των επιχειρήσεων.
openaire   +1 more source

Vendor-managed inventory in practice: understanding and mitigating the impact of supplier heterogeneity

International Journal of Production Research, 2022
Willem van Jaarsveld
exaly  

Vendor Managed Inventory models in Sweden

2007
VTT and LUT carried out a joint excursion to Sweden in November 2006. The goal of the excursion was to benchmark Swedish companies and their Vendor Managed Inventory (VMI) models in practice. The excursion was part of the "Mobile technologies and VMI solutions in industrial inbound logistics" project (TEMO project).
Hemilä, Jukka   +2 more
openaire   +1 more source

Stock replenishment policies for a vendor-managed inventory in a retailing system

Journal of Retailing and Consumer Services, 2020
Ata Allah Taleizadeh   +2 more
exaly  

Consignment and vendor managed inventory in single-vendor multiple buyers supply chains

International Journal of Production Research, 2013
Elkafi Hassini   +2 more
exaly  

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