Vendor Managed Inventory (VMI) is one of the inventory management strategies that reduce costs, increase responsiveness and improve collaboration between the members of supply chain. Although the VMI can reduce response time and deterioration in perishable supply chain (PSC), but there is a few reports on using VMI for PSC. In this paper VMI strategy is used for managing the inventory of perish...

This paper considers the performance of a production or distribution-scheduling algorithm termed Automatic Pipeline, Inventory and Order Based Production Control System (APIOBPCS) embedded within a Vendor Managed Inventory (VMI) supply chain where the demand profile is deemed to change significantly over time. A dynamic model of the system using causal loop diagrams and difference equations is ...

This paper studies the competitive and cooperative selection of inventory policies in a two-echelon supply chain with one supplier and N retailers. Stochastic demand is monitored continuously. Retailers incur inventory holding and backorder penalty costs. The supplier incurs holding costs for its inventory and backorder penalty costs for backorders at the retailers. The latter cost reflects the...

This study considers a reliable location – inventory problem for a supply chain system comprising one supplier, multiple distribution centers (DCs), and multiple retailers in which we determine DCs location, inventory replenishment decisions and assignment retailers to DCs, simultaneously. Each DC is managed through a continuous review (S, Q) inventory policy. For tackling real world conditions...

The supply chain management (SCM) consists of the integration of the business logistics management processes involving not only units within an enterprise but also across units belonging to both upstream and downstream partners, such as suppliers, customers, and logistics service providers. According to the council of logistics management (CLM, 1999), the set of activities to be managed include...

Based on the introduction of the new adaptive probability for chromosome cross and chromosome mutate, this paper presents a new method for constructing chromosome. A new genetic algorithm for an integrated model of a single finished product VMI (Vendor Managed Inventory) system considering markets and one level BOM (Bill of Materials) is developed. An example is given to illustrate the converge...

In this paper, a bi-objective multi-product single-vendor single-buyer supply chain problem is studied under green vendor-managed inventory (VMI) policy based on the economic production quantity (EPQ) model. To bring the model closer to real-world supply chain, four constraints of model including backordering cost, number of orders, production budget and warehouse space are considered stochasti...