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Title: Vendor managed inventory for single-vendor multi-retailer supply chains
Authors: Mateen, Arqum
Chatterjee, Ashis Kumar
Keywords: Supply chain coordination, Vendor managed inventory, Optimization, Replenishment policy
Issue Date: 2015
Publisher: AR-IIMC
Decision Support Systems
Series/Report no.: 70
Abstract: 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. Through detailed analysis of the parameters involved, we discuss the conditions under which each of these approaches may be preferred. We also highlight the savings that can be derived in the transportation cost in a VMI setting.
Description: Arqum Mateen, Indian Institute of Management Kozhikode, IIMK Campus P. O., Kozhikode 673570, India; Ashis Kumar Chatterjee, Department of Operations Management, Indian Institute of Management Calcutta, Kolkata
Appears in Collections:Operations Management

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