The use of Information and communication technology (ICT) in supply chain collaboration has received substantial attention among researchers and practitioners. The multiple aspects of ICT offer a wide selection of research and application arenas. This paper discusses information sharing and takes a particular focus on the level of data integration when ICT is applied to support the replenishmen...

This study proposes the hybridization of tabu search (TS) and variable neighbourhood descent (VND) for solving Inventory Routing Problems with Stochastic Demand Time Windows (IRPSDTW). Vendor Managed (VMI) is among most used approaches managing supply chains comprising multiple stakeholders, implementing VMI require addressing Problem (IRP). Considering practical constraints related to demand u...

This paper compares the bullwhip properties of a Vendor Managed Inventory (VMI) supply chain with those of a traditional “serially-linked” supply chain. The emphasis of this investigation is the comparative impact the two structures have on the “Bullwhip Effect” generated. Particular attention is paid to the manufacturer’s production ordering activities as demonstrated using a simulation model ...

Vendor managed inventory (VMI) agreements are a supply chain collaboration principle in which the supplier is responsible for keeping at buyer between given lower and upper limits. VMI gives lot of autonomy while making replenishments, allowing to efficiently ensure availability buyer. But different suppliers may apply approaches staying limits under VMI. Relatedly, objectives not completely al...

Article history: Received 1 January 2010 Received in revised form 10 March 2010 Accepted 1 April 2010 Available online 30 April 2010 Vendor Managed Inventory (VMI) is one of the effective techniques for managing the inventory in supply chain. VMI models have been proven to reduce the cost of inventory compared with traditional economic order quantity method under some conditions such as constan...

This paper develops a Vendor Managed Inventory (VMI) model for a two-level supply chain comprised of one vendor and several non-competing retailers in which both the raw material and the finished product have different deterioration rates. It is assumed that the market demand for the finished product is deterministic and price sensitive. The proposed inventory model optimizes the retail price, ...

In this research, we deal with VMI (Vendor Managed Inventory) problem where one supplier is responsible for managing a retailer’s inventory under unstable customer demand situation. To cope with the nonstationary demand situation, we develop a retrospective action-reward learning model, a kind of reinforcement learning techniques, which is faster in learning than conventional action-reward lear...

This paper examines and compares various manufacturing policies which manufacturer may adopt so as to improve the performance of a vendor managed inventory (VMI) partnership. The goal is to maximize the combined cumulative profit of supply chain while minimizing relevant inventory management costs. The supply chain is a two-level system with a single manufacturer and single retailer at each lev...

This work develops optimal dynamic policies for integrated production and marketing planning in a vertically decentralized single-manufacturer and single-retailer channel over a multi-period planning horizon, subject to deteriorating goods and a multivariate demand function. This work formulates the discount profit maximization problem, and provides inter-enterprise dynamic joint decisions for ...