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Persistent link: https://www.econbiz.de/10010371656
Vendor-managed inventory (VMI) and consignment inventory (CI) are supply-chain sourcing practices between a vendor and customer. VMI allows the vendor to initiate orders on behalf of the customer. This presumably benefits the vendor who can then make replenishment decisions according to her own...
Persistent link: https://www.econbiz.de/10013011002
Motivated by our collaboration with one of the largest fast-fashion retailers in Europe, we study a two-echelon inventory control problem called the One-Warehouse Multi-Store (OWMS) problem when the demand distribution is unknown. This system has a central warehouse that receives an initial...
Persistent link: https://www.econbiz.de/10014086724