Research on Retailers' Horizontal Information Sharing Strategy for Vendor Managed Inventory Supply Chain

Vendor Managed Inventory (VMI) and vertical information sharing strategy of supply chain management are very popular in recent years. This paper explores the horizontal information sharing issues between retailers in VMI. The mathematical model of costs in different parts of supply chain is presente...

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Bibliographic Details
Published in2008 International Conference on Information Management, Innovation Management and Industrial Engineering Vol. 1; pp. 113 - 118
Main Authors Kong Xiangrong, Han Botang
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.12.2008
Subjects
Conference management
Costs
Engineering management
Environmental economics
information sharing
Innovation management
Inventory management
supply chain
Supply chain management
Supply chains
Technology management
Transportation
Vendor Managed Inventory (VMI)
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Summary:Vendor Managed Inventory (VMI) and vertical information sharing strategy of supply chain management are very popular in recent years. This paper explores the horizontal information sharing issues between retailers in VMI. The mathematical model of costs in different parts of supply chain is presented. We analysis the impacts on the cost of the whole supply chain by changing order quantity through numerical examples. The results show that reorder points will decrease by increasing the order quantity, while the total cost of the overall supply chain are not always reduce, no matter how extent the horizontal information shared in retailers.
ISBN:076953435X
9780769534350
ISSN:2155-1456
2155-1472
DOI:10.1109/ICIII.2008.154