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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Main Authors: Abdul Rahim, Mohd Kamarul Irwan, Aghezzaf, El-Houssaine, Limère, Veronique, Raa, Birger
Format: Article
Language:English
Published: Taylor & Francis Group 2016
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Online Access: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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spelling 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
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic TS Manufactures
spellingShingle TS Manufactures
Abdul Rahim, Mohd Kamarul Irwan
Aghezzaf, El-Houssaine
Limère, Veronique
Raa, Birger
Analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system
description 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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score 13.209306