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Two typical application lays of VMI mode are introduced, and the VMI mode of upstream lay is addressed to research on. In case of the indefinite demand, economic effects of every node in both traditional mode and VMI mode are compared by setting up mathematic models and using simulation skills. Basing on the above analyses, the paper tries to find a rational space of supplier's sales price which can...
With the development of the information and internet technology, Vendor-Managed-Inventory (VMI) has been adopted by more and more companies. In this paper, a two-echelon supply chain inventory decision model is discussed. The products are perishable and sold over a single selling season. First a VMI model is constructed, and the supply chain members' optimal decisions are gained. Under VMI, the supplier...
Vendor-managed inventory (VMI) model is a new inventory management mode in supply chain, under which the supplier takes charge of inventory management, and bears all inventory risk. A two-echelon supply chain, operating under a VMI mode, is put forward. And the products are perishable and sold over a single selling season. And a simple VMI model is first discussed, and the supplierpsilas optimal inventory...
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