Purpose – The purpose of this study is to provide for the research community as well as for the practitioners measures that enable the evaluation, categorization and comparison of vendor managed inventory (VMI) systems. Design/methodology/approach – In this paper, a framework is developed...

Derives an integrated inventory replenishment model for a buyer that buys a single product from a vendor that manufactures this item and delivers it to the former in fixed quantities. It is assumed that both parties co‐operate and exchange information, including cost data, which is not unheard...