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...

In Vendor-Managed Inventory systems the supplier is responsible for replenishing customers and for deciding when and how much to deliver. One of two inventory policies is typically employed by the supplier. The first one, called the maximum level (ML) policy, gives full freedom to the supplier to deliver any quantity as long as it respects customer inventory capacities. The alternative, much mo...

vendor managed inventory is a continuous replenishment program that is designed to provide major cost saving benefits for both vendors and retailers. previous research on this area mainly included single objective optimization models where the objective is to minimize the total supply chain costs or to maximize the total supply chain benefits. this paper presents a bi-objective mathematical mod...

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...

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...

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...

Consignment inventory (CI) is a supply chain business partnership where the customer orders to the vendor, but delays paying for goods. In CI, like the traditional systems, each member has authority over the timing and quantity of replenishments; however, these systems differ in time of transferring ownership. Previous researches showed different approaches for delay in payment in customer mana...

this paper develops a single-vendor single-retailer supply chain for multi-product. the proposed model is based on vendor managed inventory (vmi) approach and vendor uses the retailer's data for better decision making. number of orders and available capital are the constraints of the model. in this system, shortages are backordered; therefore, the vendor’s warehouse capacity is another limitati...