• DocumentCode
    3517401
  • Title

    Study on Inventory Management Modes in a Two-echelon Supply Chain

  • Author

    Cai Jian-hu ; Wei-Lai, Huang

  • Author_Institution
    Coll. of Bus. & Adm., Zhejiang Univ. of Technol.
  • fYear
    2006
  • fDate
    5-7 Oct. 2006
  • Firstpage
    623
  • Lastpage
    627
  • Abstract
    In a two-echelon supply chain, two inventory management modes, retailer managed inventory (RMI) and vendor managed inventory (VMI), are analyzed respectively. The products are perishable and sold over a single selling season. We analyze the process of dynamic games between the supplier and the retailer, and equilibrium solutions are presented in different inventory management modes. At last we compare the solutions in different modes, and further research directions are put forward
  • Keywords
    game theory; inventory management; order processing; supply chain management; backward induction method; inventory management mode; retailer managed inventory mode; supplier-retailer dynamic game process; two-echelon supply chain; vendor managed inventory mode; Computer aided instruction; Distribution functions; Educational institutions; Gaussian distribution; Inventory management; Probability density function; Production; Supply chain management; Supply chains; Technology management; Backward induction; Game; Supply chain;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Engineering, 2006. ICMSE '06. 2006 International Conference on
  • Conference_Location
    Lille
  • Print_ISBN
    7-5603-2355-3
  • Type

    conf

  • DOI
    10.1109/ICMSE.2006.314019
  • Filename
    4104974