IDEAS home Printed from https://ideas.repec.org/a/pet/annals/v11y2011i4p61-72.html
   My bibliography  Save this article

Vendor Managed Inventory and Relish of Both Partners

Author

Listed:
  • Oleg Dejnega

    (Technical University of Ostrava, Czech Republic)

Abstract

The article deals with new approach of Vendor Management Inventory for better inventory management and flexible planning of production without difference to scope of business branch, than the companies use the traditional replenishment programs. Inventory management is important element of all business subjects and play very important role in the logistic supply chains. Approach Vendor Management Inventory is suitable tool to decrease administrative costs and improve the production process. The article deals with theme in application practice, which is based on the experiences of the companies that build up this approach and focused to implementation this system in Czech Republic. Further the article contains the design of new model Vendor Management Inventory in the form of Vendor Management Inventory – Outsourcing of support activities.

Suggested Citation

  • Oleg Dejnega, 2011. "Vendor Managed Inventory and Relish of Both Partners," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(4), pages 61-72.
    • Handle: RePEc:pet:annals:v:11:y:2011:i:4:p:61-72
    as

    Download full text from publisher

    File URL: http://upet.ro/annals/economics/pdf/2011/part4/Dejnega.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Thomas, Douglas J. & Griffin, Paul M., 1996. "Coordinated supply chain management," European Journal of Operational Research, Elsevier, vol. 94(1), pages 1-15, October.
    2. Erenguc, S. Selcuk & Simpson, N. C. & Vakharia, Asoo J., 1999. "Integrated production/distribution planning in supply chains: An invited review," European Journal of Operational Research, Elsevier, vol. 115(2), pages 219-236, June.
    3. Darwish, M.A. & Odah, O.M., 2010. "Vendor managed inventory model for single-vendor multi-retailer supply chains," European Journal of Operational Research, Elsevier, vol. 204(3), pages 473-484, August.
    4. Szmerekovsky, Joseph G. & Zhang, Jiang, 2008. "Coordination and adoption of item-level RFID with vendor managed inventory," International Journal of Production Economics, Elsevier, vol. 114(1), pages 388-398, July.
    5. Antony Svoronos & Paul Zipkin, 1991. "Evaluation of One-for-One Replenishment Policies for Multiechelon Inventory Systems," Management Science, INFORMS, vol. 37(1), pages 68-83, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hein, Fanny & Almeder, Christian, 2016. "Quantitative insights into the integrated supply vehicle routing and production planning problem," International Journal of Production Economics, Elsevier, vol. 177(C), pages 66-76.
    2. Wang, Xiuli & Cheng, T.C.E., 2009. "Production scheduling with supply and delivery considerations to minimize the makespan," European Journal of Operational Research, Elsevier, vol. 194(3), pages 743-752, May.
    3. Xiuli Wang & T. C. Edwin Cheng, 2007. "Machine scheduling with an availability constraint and job delivery coordination," Naval Research Logistics (NRL), John Wiley & Sons, vol. 54(1), pages 11-20, February.
    4. Fandel, G. & Stammen, M., 2004. "A general model for extended strategic supply chain management with emphasis on product life cycles including development and recycling," International Journal of Production Economics, Elsevier, vol. 89(3), pages 293-308, June.
    5. Agnetis, Alessandro & Aloulou, Mohamed Ali & Fu, Liang-Liang, 2016. "Production and interplant batch delivery scheduling: Dominance and cooperation," International Journal of Production Economics, Elsevier, vol. 182(C), pages 38-49.
    6. Dudek, Gregor & Stadtler, Hartmut, 2005. "Negotiation-based collaborative planning between supply chains partners," European Journal of Operational Research, Elsevier, vol. 163(3), pages 668-687, June.
    7. Jabbarzadeh, Armin & Fahimnia, Behnam & Sheu, Jiuh-Biing, 2017. "An enhanced robustness approach for managing supply and demand uncertainties," International Journal of Production Economics, Elsevier, vol. 183(PC), pages 620-631.
    8. Roozbeh Nia, Ali & Hemmati Far, Mohammad & Akhavan Niaki, Seyed Taghi, 2014. "A fuzzy vendor managed inventory of multi-item economic order quantity model under shortage: An ant colony optimization algorithm," International Journal of Production Economics, Elsevier, vol. 155(C), pages 259-271.
    9. Giannoccaro, Ilaria & Pontrandolfo, Pierpaolo, 2002. "Inventory management in supply chains: a reinforcement learning approach," International Journal of Production Economics, Elsevier, vol. 78(2), pages 153-161, July.
    10. Demirkan, Haluk & Cheng, Hsing Kenneth, 2008. "The risk and information sharing of application services supply chain," European Journal of Operational Research, Elsevier, vol. 187(3), pages 765-784, June.
    11. Erdem Eskigun & Reha Uzsoy & Paul V. Preckel & George Beaujon & Subramanian Krishnan & Jeffrey D. Tew, 2007. "Outbound supply chain network design with mode selection and lead time considerations," Naval Research Logistics (NRL), John Wiley & Sons, vol. 54(3), pages 282-300, April.
    12. Keskin, Burcu B. & Uster, Halit, 2007. "Meta-heuristic approaches with memory and evolution for a multi-product production/distribution system design problem," European Journal of Operational Research, Elsevier, vol. 182(2), pages 663-682, October.
    13. Hoque, M.A., 2011. "An optimal solution technique to the single-vendor multi-buyer integrated inventory supply chain by incorporating some realistic factors," European Journal of Operational Research, Elsevier, vol. 215(1), pages 80-88, November.
    14. Luca Bertazzi & Simona Cherubini, 2013. "An inventory-transportation system with stochastic demand," Computational Management Science, Springer, vol. 10(1), pages 1-20, February.
    15. Gao, Su & Qi, Lian & Lei, Lei, 2015. "Integrated batch production and distribution scheduling with limited vehicle capacity," International Journal of Production Economics, Elsevier, vol. 160(C), pages 13-25.
    16. Hariga, Moncer & Gumus, Mehmet & Daghfous, Abdelkader, 2014. "Storage constrained vendor managed inventory models with unequal shipment frequencies," Omega, Elsevier, vol. 48(C), pages 94-106.
    17. Martha-Selene Casas-Ramírez & José-Fernando Camacho-Vallejo & Rosa G. González-Ramírez & José-Antonio Marmolejo-Saucedo & José-Manuel Velarde-Cantú, 2018. "Optimizing a Biobjective Production-Distribution Planning Problem Using a GRASP," Complexity, Hindawi, vol. 2018, pages 1-13, February.
    18. Agnetis, Alessandro & Aloulou, Mohamed Ali & Fu, Liang-Liang, 2014. "Coordination of production and interstage batch delivery with outsourced distribution," European Journal of Operational Research, Elsevier, vol. 238(1), pages 130-142.
    19. Muhammad Waqas Iqbal & Muhammad Babar Ramzan & Asif Iqbal Malik, 2022. "Food Preservation within Multi-Echelon Supply Chain Considering Single Setup and Multi-Deliveries of Unequal Lot Size," Sustainability, MDPI, vol. 14(11), pages 1-30, June.
    20. Nicholas G. Hall & Chris N. Potts, 2003. "Supply chain scheduling: Batching and delivery," Operations Research, INFORMS, vol. 51(4), pages 566-584, August.

    More about this item

    Keywords

    vendor managed inventory; vendor; supplier; customers; costs; case studies; advantages; outsourcing; and model with support outsourcing;
    All these keywords.

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pet:annals:v:11:y:2011:i:4:p:61-72. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Imola Driga (email available below). General contact details of provider: http://www.upet.ro/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.