| Optimization purchase price and the profit policy undervendor managed inventory |
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| 作者姓名： | Guo Haifeng & Huang Xiaoyuan. School of Business and Management Northeastern University Shenyang P. R. China . College of Information Science and Engineering Shenyang Institute of Techology Shenyang P. R. China |
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| 作者单位： | Guo Haifeng 1，2 & Huang Xiaoyuan11. School of Business and Management，Northeastern University，Shenyang 110004，P. R. China;2. College of Information Science and Engineering，Shenyang Institute of Techology，Shenyang 110168，P. R. China |
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| 基金项目： | ThisprojectwassupportedbyNaturalScienceFoundationofLiaoningProvince(99102002208). |
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| 摘 要： | 1.INTRODUCTION Vendormanagedinventory(VMI)improvesthe modeoftraditionwhicheachdosethingsinhisown way,andimpliesintegrationideainthesupplychain,andadaptstothechangeofdemandinmarket.Dif feringfromthetraditionmanagedinventory mode———retailermanagedinventory(RMI),itisthe purposeofVMIthatbothsupplierandbuyerobtain thelowestcost,suppliermanagesbuyer’sinventory underthecommonprotocolbywhichbothparties abide,andtheywillsuperviseitsperformandmodify itscontent.VMIisthecollaboratedpolicywhic…
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Optimization purchase price and the profit policy under vendor managed inventory |
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| Guo Haifeng , & Huang Xiaoyuan. School of Business and Management,Northeastern University,Shenyang ,P. R. China,. College of Information Science and Engineering,Shenyang Institute of Techology,Shenyang ,P. R. China.Optimization purchase price and the profit policy undervendor managed inventory[J].Journal of Systems Engineering and Electronics,2005,16(2). |
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| Authors: | Guo Haifeng Huang Xiaoyuan |
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| Institution: | 1. School of Business and Management, Northeastern University, Shenyang 110004, P. R. China;College of Information Science and Engineering, Shenyang Institute of Techology, Shenyang 110168, P. R. China
2. School of Business and Management, Northeastern University, Shenyang 110004, P. R. China |
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| Abstract: | The optimization policy of the purchase price and the profit under vendor managed inventory(VMI) is studied. For a salable product, supply chain mode of VMI is established, which is based on deterministic demand, having initial stock and having stock-out cost. With the further analysis of the mode, VMI is found to increase profits of the buyer in the short-term motivation. But VMI will reduce profits of the supplier under the matching condition. And in the short-term motivation, VMI will increase the purchase price to compensate the transfer cost of the supplier. As a result, the foundation of theory is provided to implement VMI in the supply chain, and have some definituded project significance. |
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| Keywords: | supply chain vendor managed inventory purchase price profit |
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