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Joint replenishment of multi retailer with variable replenishment cycle under VMI

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  • Verma, Nishant Kumar
  • Chakraborty, Abhishek
  • Chatterjee, Ashis K.

Abstract

In the recent article, Darwish and Odah (2010) develop a scheme that allows for identical replenishment cycles for all the retailers, in the context of a single vendor supplying a group of retailers under VMI partnership. This paper proposes an alternative replenishment scheme allowing for different replenishment cycles for each retailer. An example has been shown to illustrate the cost savings under the proposed model.

Suggested Citation

  • Verma, Nishant Kumar & Chakraborty, Abhishek & Chatterjee, Ashis K., 2014. "Joint replenishment of multi retailer with variable replenishment cycle under VMI," European Journal of Operational Research, Elsevier, vol. 233(3), pages 787-789.
    • Handle: RePEc:eee:ejores:v:233:y:2014:i:3:p:787-789
    DOI: 10.1016/j.ejor.2013.10.001
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    References listed on IDEAS

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    1. James P. Monahan, 1984. "A Quantity Discount Pricing Model to Increase Vendor Profits," Management Science, INFORMS, vol. 30(6), pages 720-726, June.
    2. Viswanathan, S. & Piplani, Rajesh, 2001. "Coordinating supply chain inventories through common replenishment epochs," European Journal of Operational Research, Elsevier, vol. 129(2), pages 277-286, March.
    3. Zhang, Tinglong & Liang, Liang & Yu, Yugang & Yu, Yan, 2007. "An integrated vendor-managed inventory model for a two-echelon system with order cost reduction," International Journal of Production Economics, Elsevier, vol. 109(1-2), pages 241-253, September.
    4. 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.
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    Citations

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    Cited by:

    1. Lee, Jun-Yeon & Cho, Richard K., 2018. "Optimal (z, Z)-type contracts for vendor-managed inventory," International Journal of Production Economics, Elsevier, vol. 202(C), pages 32-44.
    2. Bai, Qingguo & Gong, Yeming (Yale) & Jin, Mingzhou & Xu, Xianhao, 2019. "Effects of carbon emission reduction on supply chain coordination with vendor-managed deteriorating product inventory," International Journal of Production Economics, Elsevier, vol. 208(C), pages 83-99.
    3. Wu, Kan & Yuan, Xue-Ming, 2016. "Optimal production-inventory policy for an integrated multi-stage supply chain with time-varying demandAuthor-Name: Zhao, Shi Tao," European Journal of Operational Research, Elsevier, vol. 255(2), pages 364-379.
    4. Govindan, Kannan, 2015. "The optimal replenishment policy for time-varying stochastic demand under vendor managed inventory," European Journal of Operational Research, Elsevier, vol. 242(2), pages 402-423.
    5. Adeinat, Hamza & Pazhani, Subramanian & Mendoza, Abraham & Ventura, Jose A., 2022. "Coordination of pricing and inventory replenishment decisions in a supply chain with multiple geographically dispersed retailers," International Journal of Production Economics, Elsevier, vol. 248(C).
    6. Abhishek Chakraborty, 2021. "A surcharge pricing policy for supply chain coordination under the just-in-time (JIT) environment in the presence of backordering," OPSEARCH, Springer;Operational Research Society of India, vol. 58(4), pages 1049-1076, December.

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