Globalization is putting enormous pressure on the business organizations specially manufacturing one to rethink the supply chain in innovative manners. Inventory consumes major portion of total sale revenue. Effective and efficient inventory management plays a vital role for the successful functioning of any organization. Selection of inventory policy is one of the important purchasing activiti...

This paper examines a problem related to replenishing inventories at retailers in distribution networks operated under the paradigm of Vendor Managed Inventory (VMI). In the real world, complexity in analysing such systems arises out of numerous factors, including several random variables and a multitude of costs in the system. Much of the literature makes simplifying assumptions about these fa...

Vendor Managed Inventory (VMI) is increasingly being adopted as a mean of enhancing the efficiency supply chain (SC) operations. In this paper, we consider scenario where vendor responsible for managing inventory several retailers following VMI partnership and subject to restrictions on their maximum levels. To better reflect reality, first propose mixed integer nonlinear programming model oper...

Data from the 2002 Supermarket Panel are used to estimate a supermarket production function with weekly gross margin as the output measure and store selling area and total labor hours as variable inputs. The model also includes productivity shifters describing format and service offerings, store ownership structure, unionization, and adoption of new information technologies and related business...

Both academicians and practitioners have extensively explored the important topic of supply chain collaboration. Most research, however, has focused on unilateral coordination via pricing signals or tactical opportunities such as Vendor Managed Inventory or Collaborative Planning, Forecasting and Replenishment (CPFR). Our research fills a gap in the current literature by quantifying the opportu...

The literature on supply chain management has long extolled the virtues to be gained by organizations seeking to integrate their supply chain. These gains include greater data and information visibility, leaner and more efficient processes, vendor managed inventories, and higher profitability. Globalization and global supply chain operation, and supply chain visibility have become buzzwords for...

This study used the extended limits-to-value model to frame four research hypotheses related to the effects of organizational size, employee involvement, and logistics integration on the expected and perceived values of vendor-managed inventory (VMI) as implemented in the electronics industry. Most of the findings supported the hypotheses. Specifically, that supply chain members working for org...