Vendor managed inventory (VMI) is a supply-chain initiative in which the vendor is authorized to manage inventories of agreed upon stock-keeping-units at retail locations. In this paper, a modified joint inventory policy is introduced for VMI systems where the vendor takes a standard (s, S) policy and the retailers utilize can-order policies. Under the regime of a can-order policy, each retaile...

The paper compares the expected performance of a Vendor Managed Inventory (VMI) supply chain with a traditional “serially-linked” supply chain. The emphasis of this investigation is the impact these two alternative structures have on the “Bullwhip Effect” generated in the supply chain. We pay particular attention to the manufacturer’s production ordering activities via a simulation model based ...

This paper recommends a scaling factors fine-tuning fuzzy logic control approach to optimize the dynamic performance of one typical vendor managed inventory supply chain with automatic pipeline, inventory and order based production control system(VMI-APIOBPCS), based on complex fuzzy control theory. The first thing is to embed a dual-input single-output fuzzy logic controller into the system ba...

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...

This work is motivated by the need to solve the inventory routing problem when implementing a business practice called vendor managed inventory replenishment (VMI). With VMI, vendors monitor their customers’ inventories, and decide when and how much inventory should be replenished at each customer. The inventory routing problem attempts to coordinate inventory replenishment and transportation i...

Despite the importance of transport within the supply chain, it has traditionally been treated as a separate function within businesses. More recently there has been increased recognition that transport needs to be integrated into the supply chain. This chapter considers vendor managed inventory, and demonstrates how it can be used to improve both transport and supply chain performance. With VM...

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This work is motivated by the need to solve the inventory routing problem when implementing a business practice called vendor managed inventory replenishment (VMI). With VMI, vendors monitor their customers’ inventories, and decide when and how much inventory should be replenished at each customer. The inventory routing problem attempts to coordinate inventory replenishment and transportation i...

A Vendor-Managed Inventory (VMI) supply chain is modeled using discrete-event simulation. The supply chain consists of a supplier (vendor) with a manufacturing facility and a distribution center, and a customer (retailer) with a distribution center and an outlet store. The information shared between the retailer and the vendor is subject to error and delays. The impacts of sharing erroneous dat...