Coordinating decisions by supply chain partners in a vendor-managed inventory relationship

Kim, Bowon; Park, Chulsoon

doi:10.1016/j.jmsy.2010.09.002

Cited by 18 publications

(6 citation statements)

References 23 publications

(30 reference statements)

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“…Therefore, we suggest future research to investigate the cooperation and leadership relations under the circumstance in which two cooperative benefits are different. Another limitation of this paper is that we only consider static models, a recent paper [22] has begun considering dynamic models. Thus, we also suggest future research to incorporate dynamic conditions of cooperation and leadership relations.…”

Section: Resultsmentioning

confidence: 99%

Cooperation and leadership policies in a serial supply chain

Yin

Liu

Kaku

2011

Journal of Manufacturing Systems

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Section: Resultsmentioning

confidence: 99%

Cooperation and leadership policies in a serial supply chain

Yin

Liu

Kaku

2011

Journal of Manufacturing Systems

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“…Arora et al (2010) proposed a quaternary policy system for integrated logistics and inventory perspective of the supply chain where VMI system was implemented for updating the inventory of the retailers. Kim and Park (2010) analyzed and confirmed the dynamic coordination of key decision variables by the supply chain partners in the VMI relationship. Cárdenas-Barrón et al (2012) presented a heuristics to solve the VMI system with multi-product and multi-constraint based on economic order quantity with backorders by taking into account two classical backorders costs of linear and fixed.…”

Section: Introductionmentioning

confidence: 80%

Vendor managed inventory in multi level supply chain

Bani-Asadi¹,

Zanjani²

2017

10.5267/j.dsl

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Vendor managed inventory (VMI) is one of the most effective methods for reducing bullwhip effect. This paper presents a mathematical VMI model where there are three levels of central storage, multi distribution centers and various retailors. The problem is formulated as a mixed integer programming by considering uncertainty on different input parameters. To cope with uncertainty, the study uses rectangular fuzzy numbers. We also propose two metaheuristics; namely, genetic algorithm and particle swarm optimization to solve the resulted problems for some large instances. The preliminary results have indicated that genetic algorithm could solve the proposed model faster than particle swarm optimization in terms of CPU time reaching to slightly better objective functions.Growing Science Ltd. All rights reserved. 7

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“…Most emphasis has been placed on vertical cooperation between suppliers and customers. Some approaches were developed to manage the collaboration between suppliers and customers such as Vendor Managed Inventory [4] and Collaborative Planning Forecasting and Replenishment [5].…”

Section: Literature Reviewmentioning

confidence: 99%

A Horizontal Collaborative Approach based on Shapley Value in the Supply Chain Distribution

2022

Proceedings of WCSE 2022 Spring Event: 2022 9th International Conference on Industrial Engineering and Applications

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This paper addresses the problem of horizontal collaboration between carriers at the tactical planning level of the supply chain distribution. The study focuses on the relationship between a shipper and many carriers used to serve the transport requests of several geographically distributed customers. A profit sharing mechanism based on game theory is proposed in order to implement win-win collaboration between the carriers. The Shapley value is used to fairly share the profit of the grand coalition between the carriers. The collaboration is supported by mixed-integer linear programming model for the transport planning of all possible coalitions of carriers.

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Coordinating decisions by supply chain partners in a vendor-managed inventory relationship

Cited by 18 publications

References 23 publications

Cooperation and leadership policies in a serial supply chain

Cooperation and leadership policies in a serial supply chain

Vendor managed inventory in multi level supply chain

A Horizontal Collaborative Approach based on Shapley Value in the Supply Chain Distribution

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