Study on Vendor Managed Inventory Implementation of YOFC
Chen Heng
Abstract
Chen Heng
Abstract
This thesis introduces a new inventory strategy——Vendor Managed Inventory (VMI) in Supply Chain Management (SCM). It identifies problems and puts forward counter-measures of VMI implementation in Yangtze Optical Fiber and Cable Co. Ltd (YOFC). It also indicates that it is more likely for the firms to carry out successfully VMI with business partners based on sharing of resources information and adequate cooperation.
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This thesis introduces a new inventory strategy——Vendor Managed Inventory (VMI) in Supply Chain Management (SCM). It identifies problems and puts forward counter-measures of VMI implementation in Yangtze Optical Fiber and Cable Co. Ltd (YOFC). It also indicates that it is more likely for the firms to carry out successfully VMI with business partners based on sharing of resources information and adequate cooperation.
Key concepts: Vendor-managed inventory, Vendor, Business, Supply chain, Operations management, Inventory management, Information sharing, Supply chain management