Title :
Profit allocation mechanism for VMI under risk factors
Author :
Wang, Dan ; Yu, Shaoqiang
Author_Institution :
Transp. Manage. Coll., Dalian Maritime Univ., Dalian, China
Abstract :
This paper analyses the operation process of VMI first, then a model is established to verify profits of VMI. In the next part, a correction method for Shapley value is devised to embody risk factors in the process of VMI. A case study is put forward to explain feasibility of the model in the end.
Keywords :
inventory management; profitability; risk management; supply chain management; Shapley value; bull-whip effect; cooperative inventory management method; profit allocation mechanism; risk factor; supply chain management; vendor managed inventory; Automation; Conference management; Costs; Demand forecasting; Educational institutions; Finance; Financial management; Inventory management; Logistics; Transportation; Allocation Mechanism; Risk; VMI;
Conference_Titel :
Automation and Logistics, 2009. ICAL '09. IEEE International Conference on
Conference_Location :
Shenyang
Print_ISBN :
978-1-4244-4794-7
Electronic_ISBN :
978-1-4244-4795-4
DOI :
10.1109/ICAL.2009.5262580
