Two-Echelon Supply Chain Coordination with Vendor Managed Inventory

Jin Yu Ren; Yong Xian Liu; Yong Ping Hao

doi:10.4028/www.scientific.net/AMM.16-19.1048

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Two-Echelon Supply Chain Coordination with Vendor Managed Inventory
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Virtual Force Field Integrated with Human Avoiding Obstacles Strategies for Robot
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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 16-19Two-Echelon Supply Chain Coordination with Vendor...

Two-Echelon Supply Chain Coordination with Vendor Managed Inventory

Abstract:

Coordination between buyer and supplier is an important way to lower supply chain cost and gain competitive advantage. This paper focuses on buyer-vendor coordination models within a vendor managed inventory setting, and sets up the coordination mechanism that allows supply chain to achieve the optimal overall performance and both parties in the supply chain to achieve profit sharing. Finally, simulation analysis is given.