This paper studies the economic-order-quantity model (EOQ) for deteriorating items in two cases (with and without shortages) to evaluate how vendor managed inventory (VMI) affects supply chain. We consider two-level supply chain (single supplier and a single retailer) with one instantaneous deteriorating item. A numerical example and sensitivity analysis are provided to illustrate the effect of...

In this paper, we consider a two-leveled chain of supply that includes a manufacturer and a few retailers and in this chain VMI (Vendor-Managed Inventory) policy has been used. In this model, the manufacturer produces a limited amount of kind of production, and each retailer whose request is limited purchases the production with the wholesale price and sells it in retail price. In addition to t...

Managing inventories is crucial to the objective of minimizing supply chain costs. This paper presents an approach for setting inventory norms in context of a real-life case of an industry which practices Vendor Managed Inventory (VMI). The role of warehouses and the inventories held by them becomes significant in such an environment. This paper presents a two-phase approach to determine variou...

Nowadays, companies are collaborating and forming supply chain partnerships under a certain scheme, such as vendor-managed inventory scheme. The collaboration increases the chain’s visibility, which leads to cost efficiency. It may also contribute enhancing green performance. This paper presents model guide managers in making optimal decisions considering logistics carbon emissions. A ven...

Corrigendum Corrigendum to ‘‘An integrated approach for logistic and vendor managed inventory in supply chain” [Expert Systems with Applications 37 (1) (2010) 39–44] V. Arora , F.T.S. Chan *, M.K. Tiwari a Department of Industrial Engineering and Management, Indian Institute of Technology, Kharagpur 721302, India Department of Industrial and Systems Engineering, The Hong Kong Polytechnic Univer...

Simultaneous reductions in inventory of raw materials, work-in-process, and finished items have recently become a major focus in supply chain management. Vendor-managed inventory is a well-known practice in supply chain collaborations, in which manufacturer manages inventory at the retailer and decides about the time and replenishment. In this paper, an integrated vendor-managed inventory model...

SencorpWhite’s Customer Satisfaction Group, with the industry’s largest team of direct Field Service Engineers, provides OEM parts, installation and project management, process and maintenance training, retrofit/rebuild/relocation, on-line and live technical support, and predictive, preventative, and emergency machine service. Uncompromising Commitment to Service Consignment stock & vendor mana...

Inventory routing problems arise as simultaneous decisions in inventory and routing optimization. In the present study, vendor managed inventory is proposed as a collaborative model for reverse supply chains and the optimization problem is modeled in terms of an inventory routing problem. The studied reverse supply chains include several return generators and recovery centers and one collection...