Title :
A Vendor-Managed Inventory Model and Simulation in Supplier-Driven Supply Chain
Author_Institution :
Sch. of Econ., Nankai Univ., Tianjin, China
Abstract :
This research builds a Vendor-managed inventory(VMI) model in supplier-driver supply chain. Using the corresponding MATLAB program, obtains some calculation results. And through computer simulation, analyzes the effects of VMI on supply chain performance, and announces the important function of VMI in promoting supply chain coordination, reducing costs and increasing profit.
Keywords :
digital simulation; inventory management; supply chain management; MATLAB program; computer simulation; supplier-driven supply chain; vendor-managed inventory model; Biological system modeling; Computational modeling; Computer aided software engineering; Economics; Marketing and sales; Mathematical model; Supply chains;
Conference_Titel :
Information Engineering and Computer Science (ICIECS), 2010 2nd International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-7939-9
Electronic_ISBN :
2156-7379
DOI :
10.1109/ICIECS.2010.5677706
