Adirektawon, Sarunya; Theeraroungchaisri, Anuchai; … - In: Logistics 8 (2024), pp. 1-11
purchasing agreements and bulk orders, posing challenges to improving inventory management efficiency. The vendor …: The results demonstrated significant cost savings, with potential reductions in total inventory management expenses …. Specifically, VMI1 improved ITR from 6.31 to 7.76, reducing average inventory by 36% and cutting management costs by 40%. VMI2 …