The value of VMI beyond information sharing under time-varying stochastic demand

被引：19

作者：

Choudhary, Devendra ^{[1
]}

Shankar, Ravi ^{[1
]}

机构：

[1] Indian Inst Technol Delhi, Dept Management Studies, New Delhi, India

来源：

INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH | 2015年 / 53卷 / 05期

关键词：

service level; vendor-managed inventory; information sharing; stochastic demand; supply chain; VENDOR-MANAGED INVENTORY; LOT-SIZING PROBLEM; MANUFACTURER; BENEFITS;

D O I：

10.1080/00207543.2014.951093

中图分类号：

T [工业技术];

学科分类号：

08 ;

摘要：

This study aims to determine the incremental value vendor-managed inventory (VMI) provides beyond that of independent decision-making with full information sharing (IS) under time-varying stochastic demand with service-level constraints. For this purpose, we apply mixed integer linear programming formulations to examine benefits for a supplier, a retailer and the system as a whole. To highlight the benefits of VMI vs. IS, a comprehensive numerical study is carried out considering a large number of business settings under both static and rolling horizons.

引用

页码：1472 / 1486

页数：15

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