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...

Vendor managed inventory replenishment is a business practice in which vendors monitor their customers’ inventories, and decide when and how much inventory should be replenished. The inventory routing problem addresses the coordination of inventory management and transportation. It needs to be solved to design a strategy that realizes the potential savings in inventory and transportation costs ...

    inventory model,   backorder   buyer ,   vendor,   lot for lot policy In this paper, an inventory model for two-stage supply chain is investigated. A supply chain with single vendor and single buyer is considered. We assume that shortage as a backorder is allowed for the buyer and the vendor makes the production set up every time the buyer places an order and supplies on a lot for lot basis...

In this paper we present a quantity-based model for integrated inventory replenishment and shipment consolidation decisions under vendor managed inventory. Assuming the vendor uses a special reorder point, order-up-to level, or ( , ) s S policy for inventory control and adopts a quantity-based dispatching strategy under stochastic settings, we build its simulation model. By simulating in Arena ...

considered supply chain in this article consists of one vendor and multiple retailers where the vendor applies vendor managed inventory. considering vendor as a leader and retailers as followers, stackelberg game theory is applied for modeling and analyzing this system. a general mixed integer nonlinear model is developed which can optimizes the performance of the system under revenue sharing c...

An effective supply chain management practice improves the profitability and responsiveness of organizations. Like multinationals, small-scale enterprises are also capitalizing this feat. This paper presents a case study of a two level supply chain setting. Here a small enterprise i.e. vendor manages the inventory of the retailer. Vendor develops the forecasts and a database for replenishment d...

In this research, an integrated inventory problem is formulated for a single-vendor multiple-retailer supply chain that works according to the vendor managed inventory policy. The model is derived based on the economic order quantity in which shortages with penalty costs at the retailers` level is permitted. As predicting customer demand is the most important problem in inventory systems and th...