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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Bibliographic Details
Main Author: Anna Ika Deefi
Format: Article
Language:English
Published: EDP Sciences 2016-01-01
Series:MATEC Web of Conferences
Subjects:
Online Access:http://dx.doi.org/10.1051/matecconf/20165802008