Log in

Relevant bibliographies by topics / Vendor Managed Inventory (VMI) / Journal articles

To see the other types of publications on this topic, follow the link: Vendor Managed Inventory (VMI).

Journal articles on the topic 'Vendor Managed Inventory (VMI)'

Author: Grafiati

Published: 4 June 2021

Last updated: 25 January 2023

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 journal articles for your research on the topic 'Vendor Managed Inventory (VMI).'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.

1

Smith, Alan D. "Vendor Managed Inventory and Strategy." International Journal of Sustainable Economies Management 9, no. 3 (2020): 1–20. http://dx.doi.org/10.4018/ijsem.2020070101.

Full text

Abstract:

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. The initial findings of the research show that not implementing a VMI system could potentially hurt these companies, while supporting the basic research proposition that VMI will increase customer satisfaction ratings and revenues for both companies. Within this ca

APA, Harvard, Vancouver, ISO, and other styles

2

Vigtil, Astrid. "Information exchange in vendor managed inventory." International Journal of Physical Distribution & Logistics Management 37, no. 2 (2007): 131–47. http://dx.doi.org/10.1108/09600030710734848.

Full text

Abstract:

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 of VMI, frequency and means of information exchange.Design/methodology/approachThe work is based on a literature review and a multiple case study where both successful and unsuccessful VMI collaboration programs are studied. In all cases, the sup

APA, Harvard, Vancouver, ISO, and other styles

3

Tanskanen, Kari, Jan Holmström, Jan Elfving, and Ulla Talvitie. "Vendor‐managed‐inventory (VMI) in construction." International Journal of Productivity and Performance Management 58, no. 1 (2008): 29–40. http://dx.doi.org/10.1108/17410400910921065.

Full text

APA, Harvard, Vancouver, ISO, and other styles

4

Martono (Sekolah Tinggi Manajemen PPM), Ricky. "STUDI KASUS PENERAPAN VENDOR MANAGED INVENTORY PADA SISTEM RANTAI PASOK." JURNAL MANAJEMEN INDUSTRI DAN LOGISTIK 2, no. 1 (2018): 26. http://dx.doi.org/10.30988/jmil.v2i1.63.

Full text

Abstract:

<p><em>K</em><em>onsep Vendor Managed Inventory (VMI) merupakan salah satu pendekatan dalam mengelola inventori yang efisien antara pemasok dan konsumen di dalam sebuah sistem rantai pasok. Dengan VMI, pemasok menempatkan inventorinya di konsumen, namun kepemilikan inventori berpindah kepada konsumen ketika inventori digunakan. Keuntungan menerapkan VMI diantaranya adalah mengurangi proses pemesanan inventori dan mengurangi pemakaian ruang penyimpanan inventori di pemasok. Untuk mencapai ini dibutuhkan koordinasi, komunikasi, dan kehandalan sistem produksi dan pemesanan

APA, Harvard, Vancouver, ISO, and other styles

5

Daru, Kusuma, and Meta Kallista. "Collaborative vendor managed inventory model by using multi agent system and continuous review (r, Q) replenishment policy." Journal of Applied Engineering Science 20, no. 1 (2022): 254–63. http://dx.doi.org/10.5937/jaes0-31532.

Full text

Abstract:

In the vendor-managed inventory (VMI) system, the vendor takes over responsibility for managing customer inventory so that delivery is not based on the order but the customer's inventory condition. It makes the vendor becomes a dominant entity, and customers are supplied by its own vendor exclusively. That is why most studies in VMI implement a single-vendor-single-customer or single-vendor-multi-customer scenario. In certain conditions, this exclusiveness can increase lost sales. Besides, most of them implement a single product scenario. In this work, we develop VMI model for the multi-vendor

APA, Harvard, Vancouver, ISO, and other styles

6

NACHIAPPAN, SP, N. JAWAHAR, S. CALWIN PARTHIBARAJ, and B. BRUCELEE. "PERFORMANCE ANALYSIS OF FORECAST DRIVEN VENDOR MANAGED INVENTORY SYSTEM." Journal of Advanced Manufacturing Systems 04, no. 02 (2005): 209–26. http://dx.doi.org/10.1142/s0219686705000618.

Full text

Abstract:

Vendor Managed Inventory (VMI) is a centralized link between suppliers and customers that enables faster, less complex transactions without creating individual lines of communication for every business relationship. The current scenario necessitates the effective integration of forecasting with VMI to maintain its efficient inventory level with less safety stock. Concerning the above, this paper proposes a Forecast Driven Vendor Managed Inventory Model (FDVMI) in which a suitable forecasting model, which has minimum error and which satisfies Tracking Signal, is selected to predict the demand.

APA, Harvard, Vancouver, ISO, and other styles

7

Kadiyala, Bharadwaj, Özalp Özer, and Alain Bensoussan. "A Mechanism Design Approach to Vendor Managed Inventory." Management Science 66, no. 6 (2020): 2628–52. http://dx.doi.org/10.1287/mnsc.2019.3297.

Full text

Abstract:

This paper studies an inventory management problem faced by an upstream supplier that is in a collaborative agreement, such as vendor-managed inventory (VMI), with a retailer. A VMI partnership provides the supplier an opportunity to manage inventory for the supply chain in exchange for point-of-sales (POS)- and inventory-level information from the retailer. However, retailers typically possess superior local market information and as has been the case in recent years, are able to capture and analyze customer purchasing behavior beyond the traditional POS data. Such analyses provide the retail

APA, Harvard, Vancouver, ISO, and other styles

8

Martono, Ricky Virona. "STUDI KASUS PENERAPAN VENDOR MANAGED INVENTORY PADA SISTEM RANTAI PASOK." Jurnal Manajemen Industri dan Logistik 2, no. 1 (2018): 28–39. http://dx.doi.org/10.30988/jmil.v2i1.23.

Full text

Abstract:

Vendor Managed Inventory (VMI) is an approach in managing inventory between supplier and consumer in an supply chain system. In VMI concept, supplier keeps its inventory at consumer’s warehouse, meanwhile inventory ownership belong to supplier until it is used by consumer. The advantage of VMI is to reduce inventory replenishment ordering process and to reduce the usage of consumer’s warehouse space. Some key factors to achieve VMI success are: coordination, communication, production system and inventory order reliability.When supplier is a subsidiary of consumer, coordination between the two

APA, Harvard, Vancouver, ISO, and other styles

9

Taleizadeh, Ata Allah, Shayan Tavakoli, Ioannis Konstantaras, and Masoud Rabbani. "A vendor managed inventory on consignment with penalty as a supply chain coordination arrangement." RAIRO - Operations Research 53, no. 4 (2019): 1343–55. http://dx.doi.org/10.1051/ro/2018049.

Full text

Abstract:

This paper presents a mathematical two echelon vendor-managed inventory (VMI) model on consignment scheme in supply chain, in which the vendor pays a penalty for every extra unit which exceeds a specific upper limit to the buyer. In this arrangement the vendor can decide about the batch size he wants to transship to the buyer. Two cases are discussed in this paper; single vendor-single buyer and single vendor-two buyers. In this study after a review of coordination in supply chain and VMI on consignment, we discuss vendor-managed inventory scheme in comparison with traditional inventory contro

APA, Harvard, Vancouver, ISO, and other styles

10

Krichanchai, Sineenart, and Bart L. MacCarthy. "The adoption of vendor managed inventory for hospital pharmaceutical supply." International Journal of Logistics Management 28, no. 3 (2017): 755–80. http://dx.doi.org/10.1108/ijlm-01-2015-0010.

Full text

Abstract:

Purpose The purpose of this paper is to investigate vendor managed inventory (VMI) for the supply of medicines between distributors and hospitals to identify factors that may affect VMI adoption. Design/methodology/approach Two contrasting VMI initiatives involving five organizations (three hospitals, one distributor and one manufacturer/supplier) are studied. A case study method with semi-structured interviews is used with triangulation in data collection, site visits and document analysis to enhance reliability and validity. The cases are analyzed and compared with respect to hospital, suppl

APA, Harvard, Vancouver, ISO, and other styles

11

Dona Sabila, Alzena, Mustafid Mustafid, and Suryono Suryono. "Inventory Control System by Using Vendor Managed Inventory (VMI)." E3S Web of Conferences 31 (2018): 11015. http://dx.doi.org/10.1051/e3sconf/20183111015.

Full text

Abstract:

The inventory control system has a strategic role for the business in managing inventory operations. Management of conventional inventory creates problems in the stock of goods that often runs into vacancies and excess goods at the retail level. This study aims to build inventory control system that can maintain the stability of goods availability at the retail level. The implementation of Vendor Managed Inventory (VMI) method on inventory control system provides transparency of sales data and inventory of goods at retailer level to supplier. Inventory control is performed by calculating safet

APA, Harvard, Vancouver, ISO, and other styles

12

Bersani, Chiara, and Roberto Sacile. "Optimal Deliveries in a Vendor Managed Inventory Service." International Journal of Applied Logistics 5, no. 1 (2014): 1–14. http://dx.doi.org/10.4018/ijal.2014010101.

Full text

Abstract:

In 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. In this work, an original mathematical programming approach has been formulated and implemented in order to show that under specific but common conditions (the most important of which are: capacity of the retailer warehouse higher than the demand and than the vehicle capacity, a maximum of two drops for travel, unsatisfied demand lost and not

APA, Harvard, Vancouver, ISO, and other styles

13

Phong, Huynh Tan, and Pisal Yenradee. "Vendor Managed Inventory for Multi-Vendor Single-Manufacturer Supply Chain: A Case Study of Instant Noodle Industry." Engineering Journal 24, no. 6 (2020): 91–107. http://dx.doi.org/10.4186/ej.2020.24.6.91.

Full text

Abstract:

This paper develops a vendor-managed inventory (VMI) model for a multiple-vendor, single-manufacturer supply chain, in which the first stage members can be traders and/or producers and the second stage member is a manufacturer. The model utilizes a realistic transportation cost which is dependent on the sizes (small- or medium-sized) of trucks. It can determine suitable sizes and numbers of trucks that minimize the transportation cost. A genetic algorithm (GA) technique, implemented in MATLAB software, is used to determine the best solution to the problem. A case study in the instant noodle in

APA, Harvard, Vancouver, ISO, and other styles

14

Shen, Lixin, Kannan Govindan, Atul B. Borade, Ali Diabat, and Devika Kannan. "AN EVALUATION OF VENDOR MANAGED INVENTORY PRACTICES FROM SMALL AND MEDIUM INDIAN ENTERPRISES." Journal of Business Economics and Management 14, Supplement_1 (2013): S76—S95. http://dx.doi.org/10.3846/16111699.2012.749805.

Full text

Abstract:

Vendor managed inventory has proven to be an effective tool for improving the supply chain performance by decreasing inventory-related costs and increasing customer service. It is quite evident from the literature that vendor managed inventory (VMI) has been successfully implemented in small and medium enterprises (SMEs). However, studies related to the implementation of VMI in Indian SMEs are very limited. Therefore, this study presents an empirical investigation of VMI practices in Indian SMEs using survey methodology. The paper evaluates the benefits, barriers, and effects of adopting VMI i

APA, Harvard, Vancouver, ISO, and other styles

15

Laganà, Demetrio, Francesco Longo, and Francesca Vocaturo. "Vendor-Managed Inventory Practice in the Supermarket Supply Chain." International Journal of Food Engineering 12, no. 9 (2016): 827–34. http://dx.doi.org/10.1515/ijfe-2016-0067.

Full text

Abstract:

Abstract Vendor-managed inventory (VMI) is an important coordination mechanism in supply chain management where decisions about timing and level of customer’s replenishment are determined not by the customer but by the supplier. The article is motived by real applications arising in the food engineering field. Specifically, a VMI strategy is applied to a logistic system in the supermarket supply chain. Such system comprises a distribution center and several retail outlets. An effective heuristic method for tackling the inventory-routing problem related to the coordination mechanism is discusse

APA, Harvard, Vancouver, ISO, and other styles

16

Sitompul, Carles, Paulina Ariningsih, and Ida Bagus Deva Narswara Santosa. "Pengembangan Model Vendor Managed Inventory dengan Banyak Retailer yang Mempertimbangkan Ketidakpastian Lead Times." Jurnal Rekayasa Sistem Industri 7, no. 1 (2018): 41. http://dx.doi.org/10.26593/jrsi.v7i1.2770.41-46.

Full text

Abstract:

<p><em>An inventory management system in supply chains called Vendor Managed Inventory (VMI) is very promising due to the cost efficiency resulted from implementing such system. This research aims to develop a vendor managed inventory for multiple retailers. The model also takes into account lead time uncertainties from vendor to its retailers. A mathematical formulation for VMI with multiple retailers is first developed using deterministic lead times. Subsequently, lead times uncertainties are then taken into account where modes lead times are broken into two components: modes and

APA, Harvard, Vancouver, ISO, and other styles

17

BİRİM, Sule, and Cigdem SOFYALIOGLU. "EVALUATING VENDOR MANAGED INVENTORY SYSTEMS: HOW INCENTIVES CAN BENEFIT SUPPLY CHAIN PARTNERS." Journal of Business Economics and Management 18, no. 1 (2017): 163–79. http://dx.doi.org/10.3846/16111699.2016.1266695.

Full text

Abstract:

In a vendor managed inventory (VMI) system, the effects of financial incentives on the entire supply chain (SC) and on the individual firms are investigated in this study. To this end, order management, order replenishment and inventory control activities of a two-echelon SC are examined via modeling using discrete event simulation. By determining the appropriate parameters for the incentives with scenario analysis, balanced profit distribution between buyers and a supplier in VMI is established. Simulation outputs of the traditional model, VMI only and VMI with incentives models are compared

APA, Harvard, Vancouver, ISO, and other styles

18

GOU, QINGLONG, LIANG LIANG, CHUANYONG XU, and YONG ZHA. "A MODIFIED JOINT INVENTORY POLICY FOR VMI SYSTEMS." International Journal of Information Technology & Decision Making 07, no. 02 (2008): 225–40. http://dx.doi.org/10.1142/s0219622008002892.

Full text

Abstract:

Vendor managed inventory (VMI) is a supply-chain initiative in which the vendor is authorized to manage inventories of agreed upon stock-keeping-units at retail locations. In this paper, a modified joint inventory policy is introduced for VMI systems where the vendor takes a standard (s, S) policy and the retailers utilize can-order policies. Under the regime of a can-order policy, each retailer's inventory is controlled by three variables s, c and S. Once the inventory position of retailer k reaches its must-order level s(k), a dispatch from the vendor to retailers is triggered. At the same t

APA, Harvard, Vancouver, ISO, and other styles

19

HARTINI, SRI, and ANDRIE MUSTAFA KAMAL. "PENENTUAN KEBIJAKAN PEMENUHAN PESANAN DENGAN MODEL VENDOR-MANAGED INVENTORY." Jurnal Teknik Industri 11, no. 2 (2012): 95. http://dx.doi.org/10.22219/jtiumm.vol11.no2.95-100.

Full text

Abstract:

Rapid development in Manufacturing field and in information is more sophisticated now. Here to this can help the manufacturer in developing supply chain management and building better cooperation between parties such as distributor, supplier, and consumer. There is a policy which is using this technology known Vendor Managed Inventory (VMI). With this policy manufacturer can give responsibility to the supplier for managing and determining when and how much the product will be delivered according to inventory and demand in that time. PT Sampharindo Perdana is a company in pharmaceutical. Today

APA, Harvard, Vancouver, ISO, and other styles

20

Hung, Shin-Yuan, She-I. Chang, Hsin-Min Hung, David C. Yen, and Bai-Feng Chou. "Key Success Factors of Vendor-Managed Inventory Implementation in Taiwan's Manufacturing Industry." Journal of Global Information Management 24, no. 1 (2016): 37–60. http://dx.doi.org/10.4018/jgim.2016010103.

Full text

Abstract:

Under increasing pressure from competitors and consumers, vendor-managed inventory (VMI), which is believed to be conducive to reducing inventory costs and improving distribution and sales, has been a popular system particularly in the retail industry. This present study, by adopting the modified Delphi method, attempts to identify key success factors of VMI implementation in Taiwan manufacturing industry and examine impact of the identified factors. Through three rounds of expert questionnaires, it is found that excellent project management, organizational fit, information sharing, trialabili

APA, Harvard, Vancouver, ISO, and other styles

21

Zhang, Xiao Ping, Bai Lu Zhao, and Guo Xin Li. "The Application of ADHDP Forecasting Model-Based Vendor Managed Inventory (VMI)." Advanced Materials Research 912-914 (April 2014): 1788–96. http://dx.doi.org/10.4028/www.scientific.net/amr.912-914.1788.

Full text

Abstract:

Vendor Managed Inventory (VMI), as an innovative inventory management, has been concerned by more and more scholars and corporations. When conducting VMI model, managers normally forecast demand,through exponential smoothing method, to compute order quantity or order release time. However, the exponential smoothing method is very dependent on the selection of smoothing coefficient. Moreover, with the development of technology and science, increasing categories and decreasing producing cycle of products, manager's lack of historical data, exponential smoothing method fails to forecast demand pe

APA, Harvard, Vancouver, ISO, and other styles

22

Muzady, Irfany Ardian, and Dira Ernawati. "Pengurangan Bullwhip Effect dalam Rantai Pasok Single Vendor dan Multi Retailer Menggunakan Metode Vendor Managed Inventory (VMI) pada PT. Magnesium Gosari Internasional Gresik." JUMINTEN 2, no. 6 (2021): 25–35. http://dx.doi.org/10.33005/juminten.v2i6.353.

Full text

Abstract:

Magnesium Gosari Internasional merupakan salah satu pabrik pupuk dolomit terbesar di Indonesia. Akhir-akhir ini, pada PT. Magnesium Gosari Internasional mengalami permasalahan berupa adanya perbedaan informasi terkait demand dan order yang diperoleh perusahaan dan delapan kantor penjualan perusahaan. Utamanya terhadap produk Pupuk Magnesium Magfertil 20+ ukuran 50 kg. Hal ini menyebabkan perusahaan mengalami gangguan pada supply chain yang membuat jumlah permintaan menjadi tidak pasti atau mengalami variansi permintaan atau yang lebih dikenal dengan fenomena bullwhip effect. Tujuan penelitian

APA, Harvard, Vancouver, ISO, and other styles

23

Vilhena, Letícia De Cassia Teixeira, and Priscilla Cristina Cabral Ribeiro. "Gerenciamento de estoques e vendor managed inventory: um estudo de caso em uma rede supermercadista." Revista Produção e Desenvolvimento 1, no. 1 (2015): 50–59. http://dx.doi.org/10.32358/rpd.2015.v1.60.

Full text

Abstract:

Among logistics activities, inventory management stands out for cost increasing, demand fluctuations and for ensuring reasonable operational resources use. Therefore, a tool that enables more efficient inventory management Vendor Managed Inventory - VMI. It enables inventory monitoring by the supplier, being his responsibility immediately resupply when safety stock is reached. In face of such importance, this study aims to analyze VMI adoption in a food retailer inventory. So, a qualitative approach was used, presenting a case study, with semi-structured interviews with a script of questions.

APA, Harvard, Vancouver, ISO, and other styles

24

Taleizadeh, Ata Allah, Iman Shokr, and Fariborz Joali. "Optimizing vendor-managed inventory systems with limited storage capacity and partial backordering under stochastic demand." RAIRO - Operations Research 54, no. 1 (2020): 179–209. http://dx.doi.org/10.1051/ro/2018090.

Full text

Abstract:

A supply chain member’s coordination is a challenging issue and a key factor of success in business markets. In vendor-managed inventory systems, the vendor makes replenishment decisions at the site of buyer by which the supply chain can be coordinated more efficiently. Two integrated vendor managed inventory systems under continuous review and periodic review replenishment policies are developed considering partial backordering and limited storage capacity at the buyer’s side. Furthermore, traditional retailer managed inventory systems under the same settings are developed to compare against

APA, Harvard, Vancouver, ISO, and other styles

25

Machado Guimarães, Cristina, José Crespo de Carvalho, and Ana Maia. "Vendor managed inventory (VMI): evidences from lean deployment in healthcare." Strategic Outsourcing: An International Journal 6, no. 1 (2013): 8–24. http://dx.doi.org/10.1108/17538291311316045.

Full text

APA, Harvard, Vancouver, ISO, and other styles

26

Claassen, Marloes J. T., Arjan J. van Weele, and Erik M. van Raaij. "Performance outcomes and success factors of vendor managed inventory (VMI)." Supply Chain Management: An International Journal 13, no. 6 (2008): 406–14. http://dx.doi.org/10.1108/13598540810905660.

Full text

APA, Harvard, Vancouver, ISO, and other styles

27

Kayikci, Yasanur. "Value Creation in Electronic Supply Chains by Adoption of a Vendor Managed Inventory System." International Journal of Interdisciplinary Telecommunications and Networking 3, no. 4 (2011): 17–27. http://dx.doi.org/10.4018/jitn.2011100102.

Full text

Abstract:

Many strategies have been developed to manage supply chain operations effectively. Vendor Managed Inventory (VMI) system is one of the prevalent strategic tools of the supply side logistics based on the electronic data exchange and business process automation among the suppliers and customers to enhance the competitive advantage. VMI is widely used in different industries including automotive sector. The VMI concept is a continuous replenishment program where suppliers are given access to demand and inventory level of customers and they are fully responsible for managing and replenishing the c

APA, Harvard, Vancouver, ISO, and other styles

28

Hohmann, Susanne, and Stephan Zelewski. "Effects of Vendor-Managed Inventory on the Bullwhip Effect." International Journal of Information Systems and Supply Chain Management 4, no. 3 (2011): 1–17. http://dx.doi.org/10.4018/jisscm.2011070101.

Full text

Abstract:

The 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 help of a nonlinear optimization model to what extent the bullwhip effect can be reduced using vendor-managed inventory (VMI) as one concept of Collaborative Planning, Forecasting and Replenishment (CPFR). In contrast to other studies in this fi

APA, Harvard, Vancouver, ISO, and other styles

29

Pramudyo, Cahyono Sigit. "Genetic Algorithm Parameters in a Vendor Managed Inventory Model." IJID (International Journal on Informatics for Development) 7, no. 1 (2019): 36. http://dx.doi.org/10.14421/ijid.2018.07108.

Full text

Abstract:

To handle the information exchange problem between a vendor and a retailer, Vendor Managed Inventory (VMI) provides a good approach to handle the problem. Information exchanges between both sides enhance supply chain performance. In a previous research work, a stochastic model for one vendor and one retailer has been developed. Simulation optimization using genetic algorithm (GA) has been use to solve the problem. There are 2 important parameters in genetic algorithm (probability of mutation and probability of crossover). This research aims at analyzing relations between GA parameters and opti

APA, Harvard, Vancouver, ISO, and other styles

30

Fanani, Ahmad Zainul, Erly Ekayanti Rosyida, and Pipit Sari Puspitorini. "PEMODELAN SISTEM REVERSE LOGISTIC PET BOTTLE BEKAS MENGGUNAKAN KONSEP VENDOR MANAGED INVENTORY." SEMINAR NASIONAL FAKULTAS TEKNIK 1, no. 1 (2022): 15–20. http://dx.doi.org/10.36815/semastek.v1i1.3.

Full text

Abstract:

Persediaan merupakan suatu barang dagang yang dibeli dari pemasok kemudian melalui proses operasi perusahaan untuk dijual sebagai produk akhir. Konsep penerapan manajemen rantai pasok yang baik dalam suatu perusahaan berpengaruh positif terhadap keunggulan bersaing yang berkelanjutan melalui strategi rantai pasok yang baik, maka masalah pendistribusian barang akan berjalan lancar. Integrasi pada sistem supply chain ini terjadi karena adanya information sharing antara vendor dan supplier. Pada penelitian ini dilakukan dengan tujuan mencari nilai n terbaik yang dijadwalkan untuk pengambilan prod

APA, Harvard, Vancouver, ISO, and other styles

31

Ramrakhyani, Ravi Kumar, Mohammad Samie Tootooni, and Nagen Nagarur. "Analysis of a Vendor Managed Consignment Inventory System with Kan-ban Withdrawals and Payment Delays." Industrial and Systems Engineering Review 6, no. 1 (2018): 41–61. http://dx.doi.org/10.37266/iser.2018v6i1.pp41-61.

Full text

Abstract:

Vendor Managed Inventory (VMI) System with Consignment Inventory (CI) policy is a solution for many supply chain leaders in a highly competitive market. In this paper, totally eight different inventory supply chain models are studied. The profit function of supplier and manufacturer in different environments are compared in order to show the profitability of the overall supply chain management system in a manufacturing industry with different time horizons. The inventory systems are applied on a supply chain consisting of a single supplier and a manufacturer. The main focus of this study is to

APA, Harvard, Vancouver, ISO, and other styles

32

Saraswati, Docki, Rahmi Maulidya, and Mira Kurniasari. "Penentuan Ukuran Lot Gabungan Untuk Pembeli Tunggal Dan Pemasok Tunggal Mempergunakan Pendekatan Vendor Managed Inventory-Consignment (VMI-C)." JURNAL TEKNIK INDUSTRI 1, no. 1 (2011): 34–44. http://dx.doi.org/10.25105/jti.v1i1.6992.

Full text

Abstract:

In fullfilmen the needs of raw materials partially, the buyer determines the amount of raw material ordered and the supplier send the appropriate amount of raw materials are ordered. These relationships often lead to a mismatch of needs raw materials by the number of available raw materials suppliers in the inventory purchases that result in higher costs of raw materials and the total cost of inventory. Therefore there is need for a policy that can control the system in an integrated supply of raw materials. The study begins with the determination of lot size by the buyer. Furthermore, the det

APA, Harvard, Vancouver, ISO, and other styles

33

Zhu, Xide, Lingling Xie, GuiHua Lin, and Xiuyan Ma. "Decision analysis of individual supplier in a vendor-managed inventory program with revenue-sharing contract." International Journal of Industrial Engineering Computations 13, no. 3 (2022): 405–20. http://dx.doi.org/10.5267/j.ijiec.2022.1.003.

Full text

Abstract:

As a useful strategy to improve the flexibility of the system to manage uncertainty in supply and demand and to improve the sustainability of the supply chain, vendor-managed inventory (VMI) programs have attracted widespread attention in the field of supply chain management. However, a growing body of empirical literature has shown that participants’ decisions deviate significantly from the standard theoretical predictions. Under a VMI program, the supplier bears not only the production cost, but also the risk of leftover inventory. Moreover, the inequality among participants and different pe

APA, Harvard, Vancouver, ISO, and other styles

34

Marquès, Guillaume, Caroline Thierry, Jacques Lamothe, and Didier Gourc. "A review of Vendor Managed Inventory (VMI): from concept to processes." Production Planning & Control 21, no. 6 (2010): 547–61. http://dx.doi.org/10.1080/09537287.2010.488937.

Full text

APA, Harvard, Vancouver, ISO, and other styles

35

Southard, Peter B., and Scott R. Swenseth. "Evaluating vendor-managed inventory (VMI) in non-traditional environments using simulation." International Journal of Production Economics 116, no. 2 (2008): 275–87. http://dx.doi.org/10.1016/j.ijpe.2008.09.007.

Full text

APA, Harvard, Vancouver, ISO, and other styles

36

Zanoni, Simone, Mohamad Y. Jaber, and Lucio E. Zavanella. "Vendor managed inventory (VMI) with consignment considering learning and forgetting effects." International Journal of Production Economics 140, no. 2 (2012): 721–30. http://dx.doi.org/10.1016/j.ijpe.2011.08.018.

Full text

APA, Harvard, Vancouver, ISO, and other styles

37

Sharma, Nancy. "Implementation of Vendor Managed Inventory (VMI) in Managing Intra Ocular Lenses (IOL) in Eye Care Organization." International Research Journal of Management, IT & Social Sciences 2, no. 9 (2015): 1. http://dx.doi.org/10.21744/irjmis.v2i9.72.

Full text

Abstract:

Nowadays healthcare has a completely changed scenario as compared with the early 90’s. As more and more profit generating hospitals are coming in the industry, hospital and healthcare is no longer remains a charitable or philanthropically act. So to be remain in the market and compete within hospitals need to now focus on the different and innovative strategies in every aspect. Supply chain and operations is one of the important key of any organization which directly impact on business and revenue. Vendor Managed inventory is not a new concept but it is not efficiently utilized in service and

APA, Harvard, Vancouver, ISO, and other styles

38

Niknamfar, Amir Hossein. "Multi-objective production-distribution planning based on vendor-managed inventory strategy in a supply chain." Industrial Management & Data Systems 115, no. 6 (2015): 1086–112. http://dx.doi.org/10.1108/imds-03-2015-0073.

Full text

Abstract:

Purpose – The production-distribution (P-D) problems are two critical problems in many industries, in particular, in manufacturing systems and the supply chain management. In previous researches on P-D planning, the demands of the retailers and their inventory levels have less been controlled. This may lead into huge challenges for a P-D plan such as the bullwhip effects. Therefore, to remove this challenge, the purpose of this paper is to integrate a P-D planning and the vendor-managed inventory (VMI) as a strong strategy to manage the bullwhip effects in supply chains. The proposed P-D-VMI a

APA, Harvard, Vancouver, ISO, and other styles

39

Wei, Ling Yun, Ming Xiang Wen, and Xiao Guang Zhou. "A Comparative Simulation Study about Supply Chain Inventory Management Strategies Based on System Dynamics." Applied Mechanics and Materials 701-702 (December 2014): 1280–85. http://dx.doi.org/10.4028/www.scientific.net/amm.701-702.1280.

Full text

Abstract:

This paper aims to compare benefits of Vendor Managed Inventory (VMI) system and Collaborative Planning, Forecasting, and Replenishment (CPFR) system based on (R,Q) inventory strategy. Four-stage supply chain models that are simulated by system dynamics (SD) methods will be used to support the comparison. In addition, factors of total cost for the whole supply chain (TSC) and product fill rate (fr) can assist to evaluate simulation models. The results of this study indicate that benefits and flexibility of CPFR appear to be higher than VMI under (R, Q) strategy, and key parameters have signifi

APA, Harvard, Vancouver, ISO, and other styles

40

Wei, Yongchang, Fangyu Chen, and Hongwei Wang. "Inventory and Production Dynamics in a Discrete-Time Vendor-Managed Inventory Supply Chain System." Discrete Dynamics in Nature and Society 2018 (September 19, 2018): 1–15. http://dx.doi.org/10.1155/2018/6091946.

Full text

Abstract:

This paper presents some analytical results on production and order dynamics in the context of a discrete-time VMI supply chain system composed of one retailer and one manufacturer. We firstly derive the lower bound and upper bound on the range of inventory fluctuations for the retailer under unknown demand. We prove that the production fluctuations can be interestingly smoothed and stabilized independent of the delivery frequency of the manufacturer used to satisfy the retailer’s demand, even if the retailer subsystem is unstable. The sufficient and necessary stability condition for the whole

APA, Harvard, Vancouver, ISO, and other styles

41

LI, YINXUE, ZHONG WAN, and JINGJING LIU. "BI-LEVEL PROGRAMMING APPROACH TO OPTIMAL STRATEGY FOR VENDOR-MANAGED INVENTORY PROBLEMS UNDER RANDOM DEMAND." ANZIAM Journal 59, no. 2 (2017): 247–70. http://dx.doi.org/10.1017/s1446181117000384.

Full text

Abstract:

We present an extension of vendor-managed inventory (VMI) problems by considering advertising and pricing policies. Unlike the results available in the literature, the demand is supposed to depend on the retail price and advertising investment policies of the manufacturer and retailers, and is a random variable. Thus, the constructed optimization model for VMI supply chain management is a stochastic bi-level programming problem, where the manufacturer is the upper level decision-maker and the retailers are the lower-level ones. By the expectation method, we first convert the stochastic model i

APA, Harvard, Vancouver, ISO, and other styles

42

Teimoori, Shima, Seyedeh Fatemeh Attar, and Seyed Hamid Reza Pasandideh. "A New Hybrid Method for Optimizing Vendor-Managed Inventory Model." Journal of Advanced Manufacturing Systems 18, no. 02 (2019): 255–72. http://dx.doi.org/10.1142/s0219686719500136.

Full text

Abstract:

This research proposes an effective procedure that is considered in exact solution methods category for solving a nonlinear model of single-manufacturer multi-retailer with multi-product supply chain which uses vendor-managed inventory (VMI) policy. The objective is to maximize total profit for the vendor while satisfying retailers’ benefit under the various operational constraints. Since most of the time there are defective goods in each delivery, this model investigates the inspection and screening process in which imperfect quality items are rejected and the retailers may encounter the shor

APA, Harvard, Vancouver, ISO, and other styles

43

Pissaia Junior, Hugo. "Analise estratégica na aplicabilidade do vendor managed inventory (VMI) na cadeia de abastecimento." Exacta 10, no. 2 (2012): 207–22. http://dx.doi.org/10.5585/exacta.v10n2.3482.

Full text

Abstract:

Neste artigo, apresentam-se os resultados de pesquisa realizada sobre os aspectos estratégicos empresariais na aplicabilidade do Vendor Managed Inventory (VMI) para a cadeia de abastecimento. Considerando que os desa¬fios logísticos das empresas estejam relacionados à cadeia de suprimentos, ao gerenciamento, ao planejamento e ao controle da cadeia de abastecimento, a pesquisa qualitativa realizada, por meio da coleta de dados de dez clientes de distribuidores nacionais, permitiu que, os resultados obtidos apontassem para a eficácia dos recursos sistêmicos no setor da cadeia de abastecimento de

APA, Harvard, Vancouver, ISO, and other styles

44

Li, Ji Jun, Hong Yang Guo, Ya Qun He, Ming Xing Shi, and Yang Cui. "The Research on New Air Materiel Support Model Based on VMI." Advanced Materials Research 926-930 (May 2014): 4142–45. http://dx.doi.org/10.4028/www.scientific.net/amr.926-930.4142.

Full text

Abstract:

For many problems in the current air material inventory management, this paper studies the application of Vendor Managed Inventory thinking in air material business activities, reform tasks and responsibilities of air material stocks and air material warehouse, and introduces third-party logistics company for the air material transportation and distribution services. It realized precision and refinement of air materiel financing, supply, transportation and storage.

APA, Harvard, Vancouver, ISO, and other styles

45

Rhee, Moon-Ki Kyle, Hye-Jeong Choi, and Seong-Taek Park. "An Exploratory Study on the Slow Adoption of Vendor managed Inventory in Manufacturing Firms." Journal of Digital Convergence 13, no. 9 (2015): 77–87. http://dx.doi.org/10.14400/jdc.2015.13.9.77.

Full text

APA, Harvard, Vancouver, ISO, and other styles

46

Razmi, Jafar, Reza Hosseini Rad, and Mohamad Sadegh Sangari. "Developing a two-echelon mathematical model for a vendor-managed inventory (VMI) system." International Journal of Advanced Manufacturing Technology 48, no. 5-8 (2009): 773–83. http://dx.doi.org/10.1007/s00170-009-2301-7.

Full text

APA, Harvard, Vancouver, ISO, and other styles

47

Ramkumar, N., P. Subramanian, T. T. Narendran, and K. Ganesh. "An Approach for Setting Inventory Norms for a Two-Echelon Supply Chain." International Journal of Information Systems and Supply Chain Management 6, no. 4 (2013): 102–19. http://dx.doi.org/10.4018/ijisscm.2013100106.

Full text

Abstract:

Managing inventories is crucial to the objective of minimizing supply chain costs. This paper presents an approach for setting inventory norms in context of a real-life case of an industry which practices Vendor Managed Inventory (VMI). The role of warehouses and the inventories held by them becomes significant in such an environment. This paper presents a two-phase approach to determine various components of inventory norms taking into account lead time and demand variability. Innovative strategic product classification has been done to decide upon stocking quantity at warehouses.

APA, Harvard, Vancouver, ISO, and other styles

48

Karimian, Yasaman, Abolfazl Mirzazadeh, Seyed Hamidreza Pasandideh, and Mohammad Namakshenas. "A geometric programming approach for a vendor managed inventory of a multiretailer multi-item EPQ model." RAIRO - Operations Research 54, no. 5 (2020): 1401–18. http://dx.doi.org/10.1051/ro/2019058.

Full text

Abstract:

Due to the uncertain situations of the world, considering inventory management in a stochastic environment gains a lot of interest. In this paper, we propose a multi-item economic production quantity (EPQ) model with a shortage for a single-vendor, multi-retailer supply chain under vendor managed inventory (VMI) policy in a stochastic environment. Three stochastic constraints are developed in the model. Geometric programming (GP) approach is employed to find the optimal solution of the nonlinear stochastic programming problem to minimize the mean-variance of the total inventory cost of the sys

APA, Harvard, Vancouver, ISO, and other styles

49

Kulp, Susan Cohen. "The Effect of Information Precision and Information Reliability on Manufacturer-Retailer Relationships." Accounting Review 77, no. 3 (2002): 653–77. http://dx.doi.org/10.2308/accr.2002.77.3.653.

Full text

Abstract:

This study investigates the extent to which a retailer's willingness to share internal (sales and inventory) information with a manufacturer and the reliability of the information transmission between the retailer and the manufacturer affect the total supply-chain profits resulting from two alternative inventory management systems. I present analytical models of a traditional system and a Vendor Managed Inventory (VMI) system. The VMI system is a supply-chain management technique in which the retailer delegates its inventory decisions to, and shares its internal accounting information with, th

APA, Harvard, Vancouver, ISO, and other styles

50

Karimi, Marzieh, Hasan Khademi-Zare, Yahia Zare-Mehrjerdi, and Mohammad Bagher Fakhrzad. "Optimizing service level, price, and inventory decisions for a supply chain with retailers’ competition and cooperation under VMI strategy." RAIRO - Operations Research 56, no. 2 (2022): 1051–78. http://dx.doi.org/10.1051/ro/2022039.

Full text

Abstract:

In a vendor-managed inventory (VMI) system, a manufacturing vendor manages their retailer inventories. Studies on VMI-type supply chains mostly have not considered competition between retailers. There are few works on the price competition; however, to the best of the authors’ knowledge, none of the papers formulated a service competition strategy. The service level is one of the competitive factors among competing retailers. Sometimes retailers choose to compete cooperatively instead of competing independently with the manufacturer. The present work investigates service, price, and inventory

APA, Harvard, Vancouver, ISO, and other styles

We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!