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|Title:||Vendor managed inventory for single-vendor multi-retailer supply chains|
Chatterjee, Ashis Kumar
|Keywords:||Supply chain coordination, Vendor managed inventory, Optimization, Replenishment policy|
Decision Support Systems
|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|
DOI - https://doi.org/10.1016/j.dss.2014.12.002
|Appears in Collections:||Operations Management|
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