IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

Numerical simulation-based investigation on vendor managed inventory model

Listed author(s):
  • T. Narendiranath Babu
  • D. Sujatha
  • D. Rama Prabha
Registered author(s):

    In a vendor managed inventory system, vendor or supplier is given the responsibilities of managing the customer's stock. The fundamental change is that the ordering phase of the process is saved, and the supplier is handed the authority and responsibility to take care of the entire replenishment process. This integrates operations between suppliers and buyers through information sharing and business process reengineering. This paper investigates the implementations of vendor managed inventory systems in a consumer goods industry. Once the data were setup in a spread sheet, two axis graphs were used for policy comparison. The case that is described in this paper is that of a fruit juice manufacturing firm located in India. The firm purchases over 100 items, such as packaging materials. The contribution of the packaging materials in the total inventory value is 83%, out of which 20% have a higher unit cost and a longer lead time. Therefore, a proper policy to manage the inventory of the packaging items is required.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.inderscience.com/link.php?id=53759
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Inderscience Enterprises Ltd in its journal Int. J. of Business and Systems Research.

    Volume (Year): 7 (2013)
    Issue (Month): 2 ()
    Pages: 168-179

    as
    in new window

    Handle: RePEc:ids:ijbsre:v:7:y:2013:i:2:p:168-179
    Contact details of provider: Web page: http://www.inderscience.com/browse/index.php?journalID=206

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:ids:ijbsre:v:7:y:2013:i:2:p:168-179. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Darren Simpson)

    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 references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.