Supply Chain Management Model Based on VMI

Author

Shi, Cheng-dong ; Bian, Dun-xin

Author_Institution

Sch. of Electr. & Electron. Eng., Shandong Univ. of Technol., Zibo, China

fYear

2009

fDate

16-18 Dec. 2009

Firstpage

90

Lastpage

93

Abstract

With drastic market competition, the effective management of supply chain has become more and more important. A multi-product, multi-stage supply chain management model based on vendor managed inventory (VMI) was established by the method of multiple-objective programming, which could describe the capability and profit of supply chain members. Then, an application was given for testing the effectiveness and feasibility of the model. Moreover, by comparing with the no implementation of VMI supply chain management model, that the VMI can improve supply chain performance is validated.

Keywords

competitive intelligence; inventory management; optimisation; profitability; supply chain management; market competition; multiple-objective programming; multiproduct supply chain management; multistage supply chain management; profit; vendor managed inventory; Consumer electronics; Engineering management; Fitting; Inventory management; Mathematical model; Pulp manufacturing; Raw materials; Supply chain management; Supply chains; Technology management; VMI (Vendor Managed Inventory); management model; multi-objective programming; supply chain;

fLanguage

English

Publisher

ieee

Conference_Titel

Information and Multimedia Technology, 2009. ICIMT '09. International Conference on

Conference_Location

Jeju Island

Print_ISBN

978-0-7695-3922-5

Type

conf

DOI

10.1109/ICIMT.2009.21

Filename

5381240