a r t i c l e i n f o This study examines the dynamic performance of vertically decentralized two-echelon channel coordination for deteriorating goods under consignment and vendor-managed inventory (VMI) contracts with revenue sharing from retailer-centric business-to-business transactions in both traditional markets and electronic markets (EMs). The research presents the profit-maximization pr...

A widely accepted performance measures in supply chain management practice, frequency-based service levels such as fill rate and stockout rate are often considered in supply contracts under vendor-managedinventory (VMI) programs. Using a decentralized two-party capacitated supply chain model consisting of one manufacturer and one supplier in a VMI environment, we demonstrate that supplier’s ser...

Many strategies have been developed to manage supply chain operations effectively. Vendor Managed Inventory (VMI) system is one of the prevalent strategic tools of the supply side logistics based on the electronic data exchange and business process automation among the suppliers and customers to enhance the competitive advantage. VMI is widely used in different industries including automotive s...

We consider a distribution problem in which a product has to be shipped from a supplier to several retailers over a given time horizon. Each retailer defines a maximum inventory level. The supplier monitors the inventory of each retailer and determines its replenishment policy, guaranteeing that no stockout occurs at the retailer (Vendor Managed Inventory policy). Every time a retailer is visit...

The use of VMI at Wal-Mart on a large scale has attracted a great deal of attention in the industrial world. In a VMI program, the supplier assumes control of the inventory management for one or more retailers (Fry, 2002). The supplier monitors the inventory level at the retailers and makes the decisions related to the quantities of replenishment and the timing of shipments to the retailers. It...

In the modern supplier–customer relationship, Vendor Managed Inventory (VMI) is used to monitor the customer’s inventory replenishment. Despite the large amount of literature on the subject, it is difficult to clearly define VMI and the main associated processes. Beyond the short-term pull system inventory replenishment often studied in academic works, partners have to share their vision of the...

The use of Information and communication technology (ICT) in supply chain collaboration has received substantial attention among researchers and practitioners. The multiple aspects of ICT offer a wide selection of research and application arenas. This paper discusses information sharing and takes a particular focus on the level of data integration when ICT is applied to support the replenishmen...

For Today's Logistics Manager, It's a Jungle out There! Customer-mandated programs with a wide variety of names (JIT, Quick Response, Vendor Managed Inventory, etc.) all share common requirements such as compliance labeling and shrinking order-cycle times. Internal demands to reduce inventory levels coupled with an ever-increasing number of stock keeping units (SKUs) makes the job even more dif...

The velocity of global business change is challenging the management of enterprise resource planning (ERP) systems. The growing speed of business changes mandates that software be managed with flexibility and agility. At the same time, system implementation success depends on an effective project management (PM) process. Notable problems associated with the implementation of an enterprise syste...

Vendor managed inventory (VMI) replenishment is a collaboration between a supplier and its customers where the supplier is responsible for managing the customers’ inventory levels. In the VMI setting we consider, the supplier exploits synergies between customers, e.g., their locations, usage rates, and storage capacities, to reduce distribution costs. Due to the intricate interactions between c...