The primary purpose of this paper is to highlight for the research community and practitioners the various aspects of using VMI-type supply chains in today’s business environment as well as a number of directions for future studies. In this regard, fifty articles published in major international journals, beginning in 1995, which contribute to the VMI-type supply chains are reviewed via a syste...

Consignment inventory (CI) is a supply chain business partnership where the customer orders to the vendor, but delays paying for goods. In CI, like the traditional systems, each member has authority over the timing and quantity of replenishments; however, these systems differ in time of transferring ownership. Previous researches showed different approaches for delay in payment in customer mana...

Improvement in supply chain performance is one of the major issues in the current world. Lack of coordination in the supply chain is the main drawback of supply chain that many researchers have proposed different methodologies to overcome it. VMI (Vendor-managed inventory) is one of these methodologies that implementing it has some obstacles. This paper proposes new model that is agent-managed ...

The concept of vendor managed inventory (VMI) radically changes a traditional inventory management. With regard to the traditional concept, customers make a replenishment decision. However, the VMI concept is that the responsibility for replenishment process is allocated from the customer to the suppliers. As it requires both trading partner sharing more information; therefore, this contributes...