Vendor managed inventory with fixed shipping cost allocation

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dc.contributor.authorSon, Joong Y.
dc.contributor.authorGhosh, Subhadip
dc.date.accessioned2020-10-13
dc.date.accessioned2022-05-31T01:15:37Z
dc.date.available2022-05-31T01:15:37Z
dc.date.issued2019
dc.description.abstractThis 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.urihttps://library.macewan.ca/cgi-bin/SFX/url.pl/BOH
dc.identifier.citationJoong 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.doihttps://doi.org/10.1080/13675567.2019.1568974
dc.identifier.urihttps://hdl.handle.net/20.500.14078/1840
dc.languageEnglish
dc.language.isoen
dc.rightsAll Rights Reserved
dc.subjectvendor-managed inventory
dc.subjectVMI
dc.subjectlocally-managed inventory
dc.subjectLMI
dc.subjectcollaborative replenishment
dc.subjectincentives
dc.titleVendor managed inventory with fixed shipping cost allocation
dc.typeArticle
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Department of Decision Sciences