By inducing the typical inventory control problem - the bullwhip effect, this paper presents vendor managed inventory (VMI) control methods on the basis of traditional methods of inventory management methods, construc...By inducing the typical inventory control problem - the bullwhip effect, this paper presents vendor managed inventory (VMI) control methods on the basis of traditional methods of inventory management methods, constructs a VMI mathematics model, and analyzes the influence of VMI on inventory cost and channel profit. Finally, a special case is studied to verify that VMI is an effective supply chain strategy that can not only increase channel profit of supplier and customer but also improve full channel coordination, thereby reducing the bullwhip effect.展开更多
The aim of this paper is to propose a discussion about inventory control and to present a new method for testing the control process in terms of uncertainty. The subject matter is modelling for optimal control that ul...The aim of this paper is to propose a discussion about inventory control and to present a new method for testing the control process in terms of uncertainty. The subject matter is modelling for optimal control that ultimately provides the basic parameters for the level of safety stock and the cycle of deliveries. An optimisation criterion is a function minimising the total costs of storage and production coming to a halt because of depleted stock of inputs. Considering the results of the study, it is found that appropriate management process of textile companies requires determining raw materials stocks and its costs very precisely. The stream management process in the enterprise includes an element of fluctuations in demand. This is the source of ＂a conflict＂ that appears in two sub-systems： storage and production. At the same time, a systemic approach to the optimal coordination of supply/production calls for effective management of the whole system. Implementation of modem information technologies is one of the factors that support the effective control.展开更多
文摘By inducing the typical inventory control problem - the bullwhip effect, this paper presents vendor managed inventory (VMI) control methods on the basis of traditional methods of inventory management methods, constructs a VMI mathematics model, and analyzes the influence of VMI on inventory cost and channel profit. Finally, a special case is studied to verify that VMI is an effective supply chain strategy that can not only increase channel profit of supplier and customer but also improve full channel coordination, thereby reducing the bullwhip effect.
文摘The aim of this paper is to propose a discussion about inventory control and to present a new method for testing the control process in terms of uncertainty. The subject matter is modelling for optimal control that ultimately provides the basic parameters for the level of safety stock and the cycle of deliveries. An optimisation criterion is a function minimising the total costs of storage and production coming to a halt because of depleted stock of inputs. Considering the results of the study, it is found that appropriate management process of textile companies requires determining raw materials stocks and its costs very precisely. The stream management process in the enterprise includes an element of fluctuations in demand. This is the source of ＂a conflict＂ that appears in two sub-systems： storage and production. At the same time, a systemic approach to the optimal coordination of supply/production calls for effective management of the whole system. Implementation of modem information technologies is one of the factors that support the effective control.
