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Firstly, this paper combines the principles of inventory management under VMI and characteristics of the system dynamics in decision making the research on the supplier strategy under VMI suitability and superiority. Secondly, according to the demand of real system and the requirements of system dynamics models, we delimit the boundary of this model. Furthermore, based on the clear system boundary,...
Flexibility is one of important indicators for measuring the characteristics of supply chain; the author introduces and evaluates four ways of measuring the flexibility of supply chain by reviewing the research results of measurement model of flexibility of supply chain. Basing on this way, it builds a measurement model of flexibility of supply chain which faces to customer directly, and shows the...
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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