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This paper formulates a two-echelon singleproducer multi-buyer supply chain model, while a single product is produced and transported to the buyers by the producer. The producer and the buyers apply vendormanaged inventory mode of operation. It is assumed that the producer applies economic...
Persistent link: https://www.econbiz.de/10011640878
Enterprises use supply chain management practices for improving business or supply chain performance. It is observed that supply chain technologies like VMI are now becoming an integral part of enterprise's strategy. Even small and medium enterprises can adopt this practice and improve the...
Persistent link: https://www.econbiz.de/10011938907
The study sought to determine the role of vendor-managed inventory and form postponement in mitigating against the bullwhip effect in the bakery industry. The bullwhip effect is referred to as demand distortions along the upstream supply chain that is caused by variances between supply and...
Persistent link: https://www.econbiz.de/10014527828
Nowadays, companies are collaborating and forming supply chain partnerships under a certain scheme, such as a vendor-managed inventory scheme. The collaboration increases the supply chain's visibility, which leads to cost efficiency. It may also contribute to enhancing the supply chain's green...
Persistent link: https://www.econbiz.de/10014329534
The most recent optimization algorithm for (s, S) order policies with continuous demand was developed byFedergruen and Zipkin (1985). This was also the first efficient algorithm, which uses policy iteration instead ofdiscretization. Zheng and Federgruen (1991) developed an even more efficient...
Persistent link: https://www.econbiz.de/10010324948
This paper extends a fundamental result about single-item inventory systems. This approachallows more general performance measures, demand processes and order policies, and leads toeasier analysis and implementation, than prior research. We obtain closed form expressions forthe Laplace...
Persistent link: https://www.econbiz.de/10010324974
This article studies specific aspects of the joint replenishment problem in a realsupply chain setting. Particularly we analyze the effect on inventory performance of havingminimum order quantities for the different products in the joint order, given a complextransportation cost structure. The...
Persistent link: https://www.econbiz.de/10010324799
, each with its appropriate mechanism and background theory. The first one 'Acting In' structures organizational practices in …
Persistent link: https://www.econbiz.de/10014433941
In manual order picking systems, order pickers walk or drive through a distribution warehouse in order to collect items which are requested by (internal or external) customers. In order to perform these operations efficiently, it is usually required that customer orders are combined into (more...
Persistent link: https://www.econbiz.de/10010421349
In equipment-intensive industries such as truck manufacturing, electronics manufacturing, photo copiers,and airliners, service parts are often slow moving items for which, in some cases, the transshipment timeis not negligible. However, this aspect is hardly considered in the existing spare...
Persistent link: https://www.econbiz.de/10010325644