Title :
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
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;
Conference_Titel :
Information and Multimedia Technology, 2009. ICIMT '09. International Conference on
Conference_Location :
Jeju Island
Print_ISBN :
978-0-7695-3922-5
DOI :
10.1109/ICIMT.2009.21
