The focus on the studies of supply chain management has been increasing in recent years among academics as well as practitioners. In this paper, we present an extendable multi agent supply chain simulation model for consignment stock inventory model for a single vendor - multiple buyers. The...

Nowadays, companies are collaborating and forming supply chain partnerships under a certain scheme, such as a vendor-managed inventory scheme. The collaboration increases the supply chain’s visibility, which leads to cost efficiency. It may also contribute to enhancing the supply chain’s...

This paper describes about two strategies in consignment inventory based supply chain with controllable lead time and delaying last delivery comprising a two level supply chain involving single vendor and multi buyers. This model would give minimum joint total expected cost of the strategies...

The paper studies coordination of a supply chain when the inventory is managed by the vendor (VMI). We also provide a general mathematical framework that can be used to analyze contracts under both retailer managed inventory (RMI) and VMI. Using a simple news-vendor scenario with a single vendor...

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...

Firms such as Wal-Mart and Campbell's Soup have successfully implemented vendor managed inventory (VMI). Articles in the trade press and academic literature often begin with the premise that VMI is ‘beneficial'; but beneficial to which party and under what conditions? We consider in this paper...

Introduction -- Marketing and supply chain management challenges -- Introduction to marketing and supply chain management -- Marketing and supply chain management coexistence in today's market arena -- Identifying the challenges and trends of marketing and supply chain management -- Integrated...

Optimized stocks and lean processes are prerequisites in order to keep up with the increasing consumption of goods and limited storage areas in cities due to urbanization. This paper, therefore, develops a maturity model to increase the dissemination rate of Digitized VMI to optimize supply...