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...

This paper develops Fuzzy inventory model to determine the relevant profit maximizing decision variable values. The model proposed is based on individual profits of vendor and buyer and joint total profit of them which finds out optimal ordering quantity, selling price and shipment policies. Shortages are allowed for both of them. Production rate, ordering quantity, shortage and holding cost of...

This study develops a joint optimal inventory strategy for both the buyer and the vendor when the expired stocks have salvage value, and are subject to constant rate of deterioration. It is shown numerically that the joint approach results in a significant cost reduction when compared with an individual decision by the buyer. We also observed that although the joint total cost decreases, the bu...

One of the problem supply chain management is a bullwhip effect that causes less than an ideal system chain.. As well as UMKM Marrone, which industry home-based production brownies, often experienced due to forecasting are not properly uodated and fluctuations in demand certain season.
 The one swelling cost production. However, can be anticipated by using method vendor managed inventory w...

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...

In this paper we present two models for joint stock replenishment and shipment consolidation decisions which arise in the context of vendor managed inventory. Stock replenishment from suppliers or shipment to customers each incurs a lump-sum cost to the vendor. We assume the vendor uses the reorder point, lot-size policy to replenish stock and one of two schemes to dispatch shipment: the time-b...