期刊名称:International Journal of Industrial Distribution and Business
印刷版ISSN:2233-4165
电子版ISSN:2233-5382
出版年度:2021
卷号:12
期号:5
页码:7-16
DOI:10.13106/jidb.2021.vol12.no5.7
语种:English
出版社:Korea Distribution Science Association
摘要:Purpose: This study intends to examine how VMI with consignment performs over time and find out its on-going impacts on the individual supply chain member's achievement. Research design, data, and methodology: This study formulates the mathematical model that represents two-stage supply chain system. By analyzing the numerical examples, this study compares VMI with consignment with the traditional system. Results: VMI with consignment eventually makes higher supply chain profit than the traditional system, even though it's early performance is poor. The influence of VMI with consignment on the performance of the supply chain member is distinct depending on the individual member and time. The consignment may not be helpful to increase the system profit, but it reduces the manufacturer's burden of costs. Conclusions: VMI with consignment improves the supply chain performance after all, and it still takes times until its benefit becomes fully realized. To be a successful collaboration program, VMI with consignment requires a carefully designed incentive scheme that provides the timely compensation to the individual supply chain members. This study also finds out that the consignment contract of this collaboration program plays a role of financially supporting the manufacturer at the early stage of its implementation.
关键词:Supply Chain Collaboration;Vendor-Managed Inventory;Consignment;Optimal Control