DocumentCode :
2319765
Title :
Comparison analysis of vendor managed inventory with consideration of transportation and inventory costs
Author :
Yang, Xuechun ; Wu, Qixing ; Zhang, Xiangnan
Author_Institution :
Coll. of Eng. & Technol., Northeast Forestry Univ., Harbin, China
Volume :
3
fYear :
2010
fDate :
9-10 Jan. 2010
Firstpage :
1562
Lastpage :
1565
Abstract :
In this paper we built up a one supplier-two retailers supply chain cost-computing model, with parameters of costs in transportation, uploading & loading, ordering cost per time for retailer, demanding rate of retailer and yearly storage costs of supplier and retailer. Through computing and analyzing of a practical example, the results show: 1) In the condition of considering transportation fee and ignoring this fee, the whole cost of supply chain system reduces respectively 32.1% and 27.2% after the implementation of WMI. 2) When supplier and retailer one implement VMI, the cost of system declines 20.7% and 17.2%. 3) When supplier and retailer two implement VWI, the cost of system declines 21.9% and 18.3%.
Keywords :
cost accounting; inventory management; retailing; supply chain management; transportation; inventory cost; one supplier-two retailers supply chain cost-computing model; supply chain system; transportation cost; vendor managed inventory; Continuous production; Costs; Educational institutions; Electronic mail; Forestry; Inventory management; Production systems; Supply chain management; Supply chains; Transportation; inventory costs; transportation expenses; vendor management inventory;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Logistics Systems and Intelligent Management, 2010 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4244-7331-1
Type :
conf
DOI :
10.1109/ICLSIM.2010.5461232
Filename :
5461232
Link To Document :
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