Analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system
This paper considers a two-stage supply chain, consisting of a single warehouse and multiple retailers facing deterministic demands, under a vendor-managed inventory (VMI) policy.It presents a two-phase optimisation approach for coordinating the shipments in this VMI system.The first phase uses dire...
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my.uum.repo.174402016-04-12T01:13:46Z http://repo.uum.edu.my/17440/ Analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system Abdul Rahim, Mohd Kamarul Irwan Aghezzaf, El-Houssaine Limère, Veronique Raa, Birger TS Manufactures This paper considers a two-stage supply chain, consisting of a single warehouse and multiple retailers facing deterministic demands, under a vendor-managed inventory (VMI) policy.It presents a two-phase optimisation approach for coordinating the shipments in this VMI system.The first phase uses direct shipping from the supplier to all retailers to minimise the overall inventory costs.Then, in the second phase, the retailers are clustered using a construction heuristic in order to optimise the transportation costs while satisfying some additional restrictions.The improvement of the system's performance through coordinated VMI replenishments against the system with direct shipping only is shown and discussed in the comparative analysis section. Taylor & Francis Group 2016 Article PeerReviewed application/pdf en http://repo.uum.edu.my/17440/1/IJSS%201953.pdf Abdul Rahim, Mohd Kamarul Irwan and Aghezzaf, El-Houssaine and Limère, Veronique and Raa, Birger (2016) Analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system. International Journal of Systems Science, 47 (8). pp. 1953-1965. ISSN 0020-7721 http://doi.org/10.1080/00207721.2014.965771 doi:10.1080/00207721.2014.965771 |
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This paper considers a two-stage supply chain, consisting of a single warehouse and multiple retailers facing deterministic demands, under a vendor-managed inventory (VMI) policy.It presents a two-phase optimisation approach for coordinating the shipments in this VMI system.The first phase uses direct shipping from the supplier to all retailers to minimise the overall inventory costs.Then, in the second phase, the retailers are clustered using a construction heuristic in order to optimise the transportation costs while satisfying some additional restrictions.The improvement of the system's performance through coordinated VMI replenishments against the system with direct shipping only is shown and discussed in the comparative analysis section. |
format |
Article |
author |
Abdul Rahim, Mohd Kamarul Irwan Aghezzaf, El-Houssaine Limère, Veronique Raa, Birger |
author_facet |
Abdul Rahim, Mohd Kamarul Irwan Aghezzaf, El-Houssaine Limère, Veronique Raa, Birger |
author_sort |
Abdul Rahim, Mohd Kamarul Irwan |
title |
Analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system |
title_short |
Analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system |
title_full |
Analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system |
title_fullStr |
Analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system |
title_full_unstemmed |
Analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system |
title_sort |
analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system |
publisher |
Taylor & Francis Group |
publishDate |
2016 |
url |
http://repo.uum.edu.my/17440/1/IJSS%201953.pdf http://repo.uum.edu.my/17440/ http://doi.org/10.1080/00207721.2014.965771 |
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