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2011•Unpublished venueRequires access

Research on VMI Coordination Management Model Based on Third-Party Logistics

Yifeng Wang, Lanlan Song

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Abstract

Vendor Managed Inventory (VMI) is a new method of inventory management .The defect of VMI is that responsibilities and interests of the supplier is not unified .This paper remedies defects of VMI by means of building VMI coordination management model based on TPL. This model can improve the cooperation enthusiasm of vendor and retailer to promote the effective implementation of VMI.

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What this paper is about

Vendor Managed Inventory (VMI) is a new method of inventory management .The defect of VMI is that responsibilities and interests of the supplier is not unified .This paper remedies defects of VMI by means of building VMI coordination management model based on TPL. This model can improve the cooperation enthusiasm of vendor and retailer to promote the effective implementation of VMI.

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Available abstract

Vendor Managed Inventory (VMI) is a new method of inventory management .The defect of VMI is that responsibilities and interests of the supplier is not unified .This paper remedies defects of VMI by means of building VMI coordination management model based on TPL. This model can improve the cooperation enthusiasm of vendor and retailer to promote the effective implementation of VMI.

Key concepts: Vendor-managed inventory, Inventory management, Vendor, Business, Process management, Operations management, Enthusiasm, Supply chain management

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