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Supply Chain Inventory Management and the Value of Shared Information

✍ Scribed by Cachon, Gérard P.; Fisher, Marshall

Book ID
121532458
Publisher
INFORMS
Year
2000
Tongue
English
Weight
631 KB
Volume
46
Category
Article
ISSN
0025-1909

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✍ Cachon, Gérard P.; Fisher, Marshall 📂 Article 📅 2000 🏛 INFORMS 🌐 English ⚖ 631 KB

In traditional supply chain inventory management, orders are the only information firms exchange, but information technology now allows firms to share demand and inventory data quickly and inexpensively. We study the value of sharing these data in a model with one supplier, N identical retailers, an

SUPPLY CHAIN INFORMATION SHARING IN A VE
SUPPLY CHAIN INFORMATION SHARING IN A VENDOR MANAGED INVENTORY PARTNERSHIP
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Vendor Managed Inventory (VMI) involves the vendor making the replenishment decision for products supplied to a customer based on various inventory and supply chain policies. Information sharing between supply chain members is required in VMI. Sometimes VMI decisions are delayed and/or the informati