Title of article
The benefitofVMIstrategiesinastochasticmulti-productserialtwoechelonsystem
Author/Authors
G.P. Kiesm¨ uller، نويسنده , , Rob A. C. M. Broekmeulen، نويسنده ,
Issue Information
ماهنامه با شماره پیاپی سال 2010
Pages
11
From page
406
To page
416
Abstract
We consideramulti-productserialtwoecheloninventorysystemwithstochasticdemand.Inventoriesat
the downstreamlocationarereplenishedperiodicallyusinganautomaticorderingsystem.Undervendor
managed inventorystrategiestheupstreamstageisallowedtoadapttheseordersinordertobenefit
from economiesofscale.WeproposethreedifferentVMIstrategies,aimingtoreducetheorderpicking
cost attheupstreamlocationandthetransportationcostsresultinginreducedtotalsupplychaincosts.In
a detailednumericalstudytheVMIstrategiesarecomparedwitharetailermanagedinventorystrategy
for twodifferentdemandmodelssuitableforslowmovingproducts.Itisshownthatifinventoryholding
costs arelow,comparedtohandlingandtransportationcosts,efficienciesatthewarehouseareimproved
and totalsupplychaincostsarereduced.
Keywords
Vendor managed inventory , Coordinated replenishment , Order picking
Journal title
Computers and Operations Research
Serial Year
2010
Journal title
Computers and Operations Research
Record number
927656
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