Journal of the Korea Safety Management & Science (대한안전경영과학회지)
- Volume 7 Issue 4
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- Pages.179-191
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- 2005
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- 1229-6783(pISSN)
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- 2288-1484(eISSN)
Analysis of Vendor Managed Inventory System for Safety Appropriate Stock - Based on case study of 'D' Business -
안전 적정 재고를 위한 VMI 시스템 분석 - D사를 중심으로 -
- Published : 2005.10.01
Abstract
Recently, Vendor Managed Inventory(VMI) has been commonly recognized as one of the supply chain application that delivers clear value to the sectors of electic & electronic components. VMI is a process in which a supplier generates orders for its distributor based on demand information sent by the distributor. VMI is providing the benefits of smoother demand, lower inventories(work in process, safety stock) and reduced costs. This study focused on improvement of safety level inventory efficiency by VMI. The results indicated that VMI allowed the company to serve its customers more surely and efficiently.