Please use this identifier to cite or link to this item: https://ir.iimcal.ac.in:8443/jspui/handle/123456789/1337
Title: A vendor-managed inventory scheme as a supply chain coordination mechanism
Authors: Chakraborty, Abhishek
Chatterjee, Ashis Kumar
Mateen, Arqum
Keywords: Quantity discount
Supply chain coordination
Vendor-managed inventory
Issue Date: 2015
Publisher: SCOPUS
International Journal of Production Research
Taylor and Francis Ltd.
Series/Report no.: 53(1)
Abstract: In this paper, we have considered a vendor-managed inventory (VMI) arrangement in a supply chain (SC), where the buyer imposes a penalty for shipments exceeding an upper limit. We have shown as how the industry practice of VMI under penalty can be used as a SC coordination mechanism. The vendor can influence the buyer to increase the batch size without making the buyer worse off. We also discuss how such a penalty scheme may be derived. Further, we have established the equivalence of VMI under deterministic demand with that of quantity discount models, thus highlighting the need to incorporate both cooperation and coordination perspectives while analysing SC collaboration mechanisms. � 2014 Taylor & Francis.
Description: Chakraborty, Abhishek, Operations Management, Indian Institute of Management Calcutta, Kolkata, India; Chatterjee, Ashis Kumar, Operations Management, Indian Institute of Management Calcutta, Kolkata, India; Mateen, Arqum, Operations Management, Indian Institute of Management Calcutta, Kolkata, India
ISSN/ISBN - 00207543
pp.13-24
DOI - 10.1080/00207543.2014.921350
URI: https://www.scopus.com/inward/record.uri?eid=2-s2.0-84911986393&doi=10.1080%2f00207543.2014.921350&partnerID=40&md5=5a409f303e5651e0c1041b7ce06f0e60
https://ir.iimcal.ac.in:8443/jspui/handle/123456789/1337
Appears in Collections:Operations Management

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