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Enterprise Inventory Management, Vendor Managed Inventory Environment Study

Posted on:2006-12-02Degree:MasterType:Thesis
Country:ChinaCandidate:B TangFull Text:PDF
GTID:2206360152982357Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
The supply chain inventory management and control is one of the most important content of the supply chain management. The Vendor-Managed Inventory (VMI) is a new supply chain inventory management method. It will influence the inventory management methods of the enterprises on the supply chain, and the effect of this influence is different with the different position of enterprises. So, the research about the inventory management methods of enterprises in the VMI system is very necessary.Firstly, the thesis compares the supply chain inventory management methods with the tradition inventory management methods and indicates the VMI is an effective supply chain inventory management method. Secondly, a two-level supply chain inventory management system was established to discuss the optimal replenishment policy of supplier in the VMI system. It simulate the process that supplier receives the demand information and make the optimal decision by mathematic analysis software. The result of the analysis can be the reference when enterprises make decision in reality. Then, the paper compares the retailer in the VMI system with the retailer in the tradition inventory system by a supply chain system including a manufacturer and two retailers. It discusses the difference of the stock quantities, service level and price of two retailers and analyses the reason why the difference is produced. At last, the thesis points out the implementing process and the necessary technology of the VMI.
Keywords/Search Tags:supply chain, inventory management, VMI, bullwhip effect
PDF Full Text Request
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