Managing Vendor Inventory in a Dual Level Distribution System
Publication Type
Journal Article
Publication Date
2003
Abstract
Collaborative arrangements among members of the supply chain have received a great deal of interest in recent years as a means of reducing costs. One such arrangement is vendor managed inventory (VMI). VMI allows the vendor to make decisions concerning the quantity and timing of deliveries to the retailer. Such an arrangement offers the potential of a more efficient supply chain by removing the negative effects of retail ordering policies. A thorough review of the literature was conducted to identify factors likely to impact the performance of a VMI partnership. computer simulation was used to study the effects of these factors from both the vendor's and retailer's perspectives. The results lend insight into the performance of VMI and guidance for managers as to the environments in which VMI is most effective. [PUBLICATION ABSTRACT]
Discipline
Human Resources Management
Research Areas
Operations Management
Publication
Business Logistics
Volume
24
Issue
2
First Page
91
Last Page
108
ISSN
0735-3766
Identifier
10.1002/j.2158-1592.2003.tb00047.x
Publisher
Council of Logistics Management
Citation
Yang, Kum Khiong; Ruben, R A; and Webster, S..
Managing Vendor Inventory in a Dual Level Distribution System. (2003). Business Logistics. 24, (2), 91-108.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/2271
Additional URL
https://doi.org/10.1002/j.2158-1592.2003.tb00047.x