Analysis of vendor managed inventory practices for greater supply chain performance
For a globalised supply chain to be responsive, the firm should have the ability to meet short lead times, respond to wide ranges of quantities demanded, handle a large variety of products, build highly innovative products and meet a very high service level. Vendor managed inventory (VMI) is one suc...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Published: |
Inderscience Publishers
2010
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/3912 |
| _version_ | 1848744364736512000 |
|---|---|
| author | Joseph, J. Sundarakani, B. Hosie, Peter Nagarajan, S. |
| author_facet | Joseph, J. Sundarakani, B. Hosie, Peter Nagarajan, S. |
| author_sort | Joseph, J. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | For a globalised supply chain to be responsive, the firm should have the ability to meet short lead times, respond to wide ranges of quantities demanded, handle a large variety of products, build highly innovative products and meet a very high service level. Vendor managed inventory (VMI) is one such supply chain practice where the vendor is given the sole responsibility to monitor and manage the inventory of the retailer. This paper attempts to analyse this supply chain practice and illustrate the key elements of this system and the role it plays in the overall supply chain. The benefits and risks of theVMI system are also analysed. The design and implementation steps for this supply chain practice are extensively reviewed. The analysis of industries which would benefit from implementing this system is also conducted. An investigation is attempted to see if any industries in the UAE are using VMI. |
| first_indexed | 2025-11-14T06:00:18Z |
| format | Journal Article |
| id | curtin-20.500.11937-3912 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:00:18Z |
| publishDate | 2010 |
| publisher | Inderscience Publishers |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-39122017-02-28T01:25:25Z Analysis of vendor managed inventory practices for greater supply chain performance Joseph, J. Sundarakani, B. Hosie, Peter Nagarajan, S. UAE applications vendor managed inventory VMI supply chain performance For a globalised supply chain to be responsive, the firm should have the ability to meet short lead times, respond to wide ranges of quantities demanded, handle a large variety of products, build highly innovative products and meet a very high service level. Vendor managed inventory (VMI) is one such supply chain practice where the vendor is given the sole responsibility to monitor and manage the inventory of the retailer. This paper attempts to analyse this supply chain practice and illustrate the key elements of this system and the role it plays in the overall supply chain. The benefits and risks of theVMI system are also analysed. The design and implementation steps for this supply chain practice are extensively reviewed. The analysis of industries which would benefit from implementing this system is also conducted. An investigation is attempted to see if any industries in the UAE are using VMI. 2010 Journal Article http://hdl.handle.net/20.500.11937/3912 Inderscience Publishers restricted |
| spellingShingle | UAE applications vendor managed inventory VMI supply chain performance Joseph, J. Sundarakani, B. Hosie, Peter Nagarajan, S. Analysis of vendor managed inventory practices for greater supply chain performance |
| title | Analysis of vendor managed inventory practices for greater supply chain performance |
| title_full | Analysis of vendor managed inventory practices for greater supply chain performance |
| title_fullStr | Analysis of vendor managed inventory practices for greater supply chain performance |
| title_full_unstemmed | Analysis of vendor managed inventory practices for greater supply chain performance |
| title_short | Analysis of vendor managed inventory practices for greater supply chain performance |
| title_sort | analysis of vendor managed inventory practices for greater supply chain performance |
| topic | UAE applications vendor managed inventory VMI supply chain performance |
| url | http://hdl.handle.net/20.500.11937/3912 |