The Implementation of Vendor Managed Inventory In the Supply Chain with Simple Probabilistic Inventory Model
Numerous studies show that the implementation of Vendor Managed Inventory (VMI) benefits all members of the supply chain. This research develops model to prove the benefits obtained from implementing VMI to supplier-buyer partnership analytically. The model considers a two-level supply chain which c...
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Format: | Article |
Language: | English |
Published: |
EDP Sciences
2016-01-01
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Series: | MATEC Web of Conferences |
Subjects: | |
Online Access: | http://dx.doi.org/10.1051/matecconf/20165802008 |