This paper investigates the impact of a vendor managed inventory (VMI) strategy upon transportation operations in a supply chain. Specifically, the issue of batching to enable better use of transport vehicles is studied. A system dynamics methodology is used to develop difference equation models of three scenarios–– traditional, internal consolidation and VMI. The holistic nature of inventory m...

todays, improving the competitiveness of companies and rapidly responding to diverse customers’ demands requires efficient management of the supply chain. integration is one of the effective indices in a supply chain, and vendor managed inventory (vmi) is one of the innovative approaches in this field. in this paper, an integrated model based on a vmi system for deteriorating and ameliorating i...

This paper proposes an adaptive fuzzy control application to support a vendor managed inventory (VMI). The methodology applies fuzzy control to generate an adaptive smoothing constant in the forecast method, production and delivery plan to eliminate, for example, the rationing and gaming or the Houlihan effect and the order batching effect or the Burbidge effects and finally the Bullwhip effect...

the primary purpose of this paper is to highlight for the research community and practitioners the various aspects of using vmi-type supply chains in today’s business environment as well as a number of directions for future studies. in this regard, fifty articles published in major international journals, beginning in 1995, which contribute to the vmi-type supply chains are reviewed via a syste...

A major issue in supply chain inventory management is the coordination of inventory policies adopted by different members in a supply chain including suppliers, manufacturers, distributors, etc. This paper presents a fractal-based approach for inventory management in order to minimize inventory costs and smooth material flows between supply chain members while responsively meeting customer dema...

Vendor managed inventory (VMI) replenishment is a collaboration between a supplier and its customers where the supplier is responsible for managing the customers’ inventory levels. In the VMI setting we consider, the supplier exploits synergies between customers, e.g., their locations, usage rates, and storage capacities, to reduce distribution costs. Due to the intricate interactions between c...

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...