Please use this identifier to cite or link to this item:
|Title:||A vendor-managed inventory scheme as a supply chain coordination mechanism|
Chatterjee, Ashis Kumar
Supply chain coordination
International Journal of Production Research
Taylor and Francis Ltd.
|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
DOI - 10.1080/00207543.2014.921350
|Appears in Collections:||Operations Management|
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.