Supply Chain Coordination Mechanism Logistics Cost Optimization Analysis

Qiang Yang; Hong Xiang Zhu

doi:10.4028/www.scientific.net/AMR.785-786.1473

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 785-786Supply Chain Coordination Mechanism Logistics Cost...

Supply Chain Coordination Mechanism Logistics Cost Optimization Analysis

Abstract:

This paper deals with a two-stage supply chain including one supplier and one purchaser. The two coordination mechanisms: traditional supply chain and vendor-managed inventory, are analyzed on their logistics cost optimization capabilities under the centralized and decentralized decision-making conditions. The conclusions are that the logistics costs are same under the centralized decision-making; vendor-managed inventory coordination mechanism is better than traditional supply chain coordination mechanism under the decentralized decision-making.

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Periodical:

Advanced Materials Research (Volumes 785-786)

Pages:

1473-1476

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.785-786.1473

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Online since:

September 2013

Authors:

Qiang Yang, Hong Xiang Zhu

Keywords:

Inventory Cost, Supply Chain, Supply Chain Coordination Mechanism, Transportation Cost, Vendor-Managed Inventory

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References

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