Font Size: a A A

Vmi Operating Environment To Consider The Credit Risk Of Supply Chain Revenue Allocation Mechanism Under Study

Posted on:2008-02-24Degree:MasterType:Thesis
Country:ChinaCandidate:L HaoFull Text:PDF
GTID:2199360215450314Subject:Quantitative Economics
Abstract/Summary:PDF Full Text Request
It's a new century which has more innovation and invention as well as systematic analystics and collaboration living. And the theory of supply chain management is just an active respondence of this world trend. Moreover, worked as an agile cooperation agreement based on information sharing, vendor management inventory (VMI) overcomes much shortcoming of traditional inventory management means, such as single layer, out of harmaony, etc. It has been a new developing technology of supply chain management. The key of successful VMI is the establishment of a revenue sharing mechanism considered on the match among income, risk and cost. Used the mechanism, whole supply chain performance can been optimized by regulated strategic partner relationship on the basis of fair pro-benefit.This paper aims at the establishment of two-phase revenue sharing mechanism in VMI environment. At first, it works at demand responding. Putted forward a dynamic variable weights matrix by minimized errors square sum between the forecasted value of demands and each target market at some time-points, it establishes a products distribution model to determine the optimal dynamic combined purchasing weights of manufacturer. The model offers a reasonable foundation for long-term revenue sharing. Subseqently, applied the theory of revenue regulation, the paper sets up restriction of revenue considered nodes'per-profit and contribution to put forward a spot revenue sharing model subsequently used the means of Stackelberg games.Efficient management of credit risk insures the implement of revenue sharing mechanism. Following pre-study, the paper introduces credit management system of VMI. On the reference of pledged by warehouse receipts, It designs a new derivative tool -----pledged by warehouse receipts and credit which is more adapted to VMI environment. Applicative value of the new tool is discussed later. At last, the paper works at a new revenue sharing model considered quantitive credit risk of VMI.A numerical case verifies the applicative values of those models.
Keywords/Search Tags:VMI, revenue sharing, credit risk, pledged by warehouse receipts and credit
PDF Full Text Request
Related items