کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5081171 | 1477600 | 2011 | 6 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Vendor-managed inventory in a global environment with exchange rate uncertainty
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کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه
سایر رشته های مهندسی
مهندسی صنعتی و تولید
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چکیده انگلیسی
Vendor-managed inventory (VMI) is a well-known industry practice for supply chain collaboration. In this paper we consider a periodic-review stochastic inventory model to examine the benefits of VMI in a global environment, in which the supplier and the retailer face exchange rate uncertainty and incur different fixed ordering costs. Our study suggests that, despite of all the inventory costs transferred from the retailer, the supplier can benefit from VMI by achieving economies of scale in production/delivery. It also suggests that the supply chain total cost always decreases under VMI and the reduction of the supply chain total cost is larger when there is exchange rate uncertainty, compared with the case of no exchange rate uncertainty. We also provide some analytical results, including the optimality of a state-dependent (s, S) policy for the supplier.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Production Economics - Volume 130, Issue 2, April 2011, Pages 169-174
Journal: International Journal of Production Economics - Volume 130, Issue 2, April 2011, Pages 169-174
نویسندگان
Jun-Yeon Lee, Louie Ren,