• 대한산업공학회지
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• 제32권4호
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• pp.382-392
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• 2006

Vendor-managed inventory policy(VMIP) is a supply-chain initiative where the supplier is authorized to manage inventories of items at retail locations. In VMIP, the supplier monitors sales and stock information at retail locations and makes decisions of inventory replenishment and transportation simultaneously. VMIP has been known as an effective supply chain strategy that can realize many of benefits obtainable only in a fully integrated supply chain. However, VMIP does not always lead to lower the supply chain cost. It sometimes generates the total supply chain cost higher than the traditional retailer-managed inventory policy (RMIP). In this paper, we perform a comparison study on RMIP and VMIP in the retail supply chain which consists of a single supplier and a number of retailers. We formulate mixed integer programming models for both RMIP and VMIP with vehicle routing problems and perform computational experiments on various test problems. Furthermore, we derive the conditions which guarantee the dominant position for VMIP with respect to total supply chain cost in the simple retail supply chain.

• 대한산업공학회지
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• 제34권4호
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• pp.425-432
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• 2008

While the Vendor-Managed Inventory(VMI) is a convenient inventory replenishment policy for the customer company, the supplier usually bears the burden of higher inventory and urgent shipments to avoid shortage. Recently some manufacturers begin to fix the production schedule for the next few days (such as three days). Utilizing that information can improve the efficiency of the VMI. In this study, we present a myopic optimization model using a mixed inter programming; and a heuristics algorithm. We compare the performance of the two proposed methods with the existing (s, S) reorder policy. We consider the total cost as the sum of transportation cost and inventory cost at the customer's site. Numerical tests indicate that the two proposed methods significantly reduce the total cost over the (s, S) policy.

• 한국경영과학회지
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• 제37권2호
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• pp.45-56
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• 2012

This paper considers a supply chain consisting of a component manufacturer and a product manufacturer. The component manufacturer provides components for the product manufacturer based on a vendor-managed inventory type of supply contract, and also faces demands from the market with the option of to accept or reject each incoming demand. Using the Markov decision process model, we examine the structure of the optimal production control and inventory rationing policy. Two types of heuristics are presented. One is the fixed-buffer policy and the other uses two linear functions. We implement a computational study and present managerial insights based on the observations.

• 디지털융복합연구
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• 제13권9호
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• pp.77-87
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• 2015

VMI(벤더 관리형 재고)는 소매업자에 있는 재고가 제조자나 벤더에 의해 모니터링되고 관리되는 유통채널 시스템이다. 의사결정책임을 공급사슬 위쪽으로 밀어내고 재고 보충결정을 집중화함으로써, 벤더가 전체 공급사슬이 더욱 경쟁력 있게 도와줄 수 있다. 이 연구의 목적은 한국 제조업자에 의한 VMI 수용에 영향을 미치는 요인들을 탐색하기 위한 것이다. 이 연구는 VMI를 도입하는 데에 대한 부담의 선행요인으로써 IT 준비성, 영업비, 정보공유를 제안한다. 또한 이 연구는 중소규모의 제조자들로부터 설문 결과를 수집하였다. 통계적 결과는 운영비용만이 VMI의 수용에 유의미한 영향을 미쳤다는 것을 나타내었다. 그러나 IT 준비성과 정보 공유는 운영비용에 유의미한 영향을 미치는 것으로 나타났고, 결국 VMI 수용에 간접적인 영향이 있었다. 결론으로 이 연구결과의 학문적, 실무적 시사점도 논의되었다.

• 산업공학
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• 제13권3호
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• pp.431-437
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• 2000

This paper refers to the flow of products from supplier to discount retailers(DRs). Discount retailers prefer frequent delivery of small amount because of limited storage space, while suppliers prefer less frequent delivery of larger amount in order to save transportation cost. In this paper we propose a heuristic algorithm to determine the amount of order and the frequency of delivery which decreases the expected length of stockout. We also evaluate various order policies for Vendor Managed Inventory(VMI) system using simulation with real data.

• 한국디지털정책학회:학술대회논문집
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• 한국디지털정책학회 2005년도 추계학술대회
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• pp.435-442
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• 2005

VMI의 최종목표는 공급자가 수입을 유지하는 동안 최종사용자에게 있어서는 비용을 줄이고 서비스를 향상시켜주는 것이다. VMI는 소매상인과 공급자가 각 비즈니스의 계획, 예측, 보급과정에서 협력하는 것을 허용하며, 각 당사자에게 다른 비즈니스 데이터의 투명한 관점을 제공한다. 또한 VMI는 더욱 정확한 기획, 증가된 판매, 감소된 재고품과 빠른 주식의 회전결과를 처리한다. 본 연구에서는 현재 기업에서 많이 도입되고 있는 SCM 영역에서 주요한 이슈로 부각되고 있는 VMI 관련 기술 및 구축현황을 조사하였으며, 아울러 인터넷쇼핑몰 환경에 맞는 VMI 아키텍쳐의 개발에 대한 연구를 제시한다.

• 한국전자거래학회지
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• 제7권2호
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• pp.129-141
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• 2002

This paper deals with the collaborative procurement process in a two-echelon supply chain that a manufacturing company and a contractor are connected through the information system. The real time information about inventory and production processing becomes available through this information system. We raise two issues related to the collaborative procurement process. First, we propose a VMI(Vendor-Managed Inventory) type of the procurement policy which focuses on the cost minimization for the total supply chain rather than individual companies. Second, based on the simulation study, we demonstrate that a collaborative procurement process is more cost-effective over classical procurement processes such as (Q, r). The result obtained in this paper can be applied to the quantitative evaluation of the cost saving effect when companies build the information sharing based, collaborative procurement system.