Vendor managed inventory with fixed shipping cost allocation
| dc.contributor.author | Son, Joong Y. | |
| dc.contributor.author | Ghosh, Subhadip | |
| dc.date.accessioned | 2020-10-13 | |
| dc.date.accessioned | 2022-05-31T01:15:37Z | |
| dc.date.available | 2022-05-31T01:15:37Z | |
| dc.date.issued | 2019 | |
| dc.description.abstract | This paper examines the effectiveness of a vendor-managed inventory (VMI) system in a decentralised supply chain. Specifically, a two-tier supply chain with one vendor and multiple buyers is analysed under two replenishment models – an LMI system and a VMI system with vendor coordination that includes retailer incentives and cross-docking at the vendor. The impact of supply chain design parameters (number of retailers and retailer heterogeneity), and a policy parameter (shipment frequency) on the effectiveness of the VMI system is studied. Using an analytical model as well as numerical experiments, we find that incentive-aligned contractual arrangements can be made between the vendor and the retailers through reallocation of fixed shipping cost savings arising from VMI. | |
| dc.description.uri | https://library.macewan.ca/cgi-bin/SFX/url.pl/BOH | |
| dc.identifier.citation | Joong Y. Son & Subhadip Ghosh (2019) Vendor managed inventory with fixed shipping cost allocation, International Journal of Logistics Research and Applications (Impact factor 2.828). | |
| dc.identifier.doi | https://doi.org/10.1080/13675567.2019.1568974 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.14078/1840 | |
| dc.language | English | |
| dc.language.iso | en | |
| dc.rights | All Rights Reserved | |
| dc.subject | vendor-managed inventory | |
| dc.subject | VMI | |
| dc.subject | locally-managed inventory | |
| dc.subject | LMI | |
| dc.subject | collaborative replenishment | |
| dc.subject | incentives | |
| dc.title | Vendor managed inventory with fixed shipping cost allocation | en |
| dc.type | Article |