The Bullwhip Effect on the VMI-Supply Chain Management viaSystem Dynamics Approach: The Supply Chain with Two Suppliers and One Retail Channel
This work investigates the effect of different inventory policies of a supply chain model using the system dynamics approach which belongs to the class of Vendor Managed Inventory (VMI), automatic pipeline, inventory and order based production control systems (VMI-APIOBPCS). This work helps manageme...
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Format: | Article |
Language: | English |
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Kharazmi University
2016-08-01
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Series: | International Journal of Supply and Operations Management |
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Online Access: | http://www.ijsom.com/article_2686_44d904fd0765257c7818cbe6837c39e4.pdf |
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author | Yahia Zare Mehrjerdi Alireza Hosseini |
author_facet | Yahia Zare Mehrjerdi Alireza Hosseini |
author_sort | Yahia Zare Mehrjerdi |
collection | DOAJ |
description | This work investigates the effect of different inventory policies of a supply chain model using the system dynamics approach which belongs to the class of Vendor Managed Inventory (VMI), automatic pipeline, inventory and order based production control systems (VMI-APIOBPCS). This work helps management to investigate the effect of different policies such as adding the VMI system or third party logistic (TPL) on the whole cost of the supply chain. To this end, this work applies system dynamics in supply chain with two supplier and one retail channel which consists of VMI system. Moreover, this work studies the performance of the proposed model via three metrics: Bullwhip effect; satisfaction of the end-customer; the amount of the whole inventory of chain. |
first_indexed | 2024-12-17T01:48:38Z |
format | Article |
id | doaj.art-ba1dc40573694f4f8536e8230976778a |
institution | Directory Open Access Journal |
issn | 2383-1359 2383-2525 |
language | English |
last_indexed | 2024-12-17T01:48:38Z |
publishDate | 2016-08-01 |
publisher | Kharazmi University |
record_format | Article |
series | International Journal of Supply and Operations Management |
spelling | doaj.art-ba1dc40573694f4f8536e8230976778a2022-12-21T22:08:08ZengKharazmi UniversityInternational Journal of Supply and Operations Management2383-13592383-25252016-08-01321301131710.22034/2016.2.052686The Bullwhip Effect on the VMI-Supply Chain Management viaSystem Dynamics Approach: The Supply Chain with Two Suppliers and One Retail ChannelYahia Zare Mehrjerdi0Alireza Hosseini1Department of Industrial engineering, Yazd University, Yazd, IranYazd University, Yazd, IranThis work investigates the effect of different inventory policies of a supply chain model using the system dynamics approach which belongs to the class of Vendor Managed Inventory (VMI), automatic pipeline, inventory and order based production control systems (VMI-APIOBPCS). This work helps management to investigate the effect of different policies such as adding the VMI system or third party logistic (TPL) on the whole cost of the supply chain. To this end, this work applies system dynamics in supply chain with two supplier and one retail channel which consists of VMI system. Moreover, this work studies the performance of the proposed model via three metrics: Bullwhip effect; satisfaction of the end-customer; the amount of the whole inventory of chain.http://www.ijsom.com/article_2686_44d904fd0765257c7818cbe6837c39e4.pdfsupply chain managementvendor managed inventorysystem dynamicsbullwhip effectoptimal policy |
spellingShingle | Yahia Zare Mehrjerdi Alireza Hosseini The Bullwhip Effect on the VMI-Supply Chain Management viaSystem Dynamics Approach: The Supply Chain with Two Suppliers and One Retail Channel International Journal of Supply and Operations Management supply chain management vendor managed inventory system dynamics bullwhip effect optimal policy |
title | The Bullwhip Effect on the VMI-Supply Chain Management viaSystem Dynamics Approach: The Supply Chain with Two Suppliers and One Retail Channel |
title_full | The Bullwhip Effect on the VMI-Supply Chain Management viaSystem Dynamics Approach: The Supply Chain with Two Suppliers and One Retail Channel |
title_fullStr | The Bullwhip Effect on the VMI-Supply Chain Management viaSystem Dynamics Approach: The Supply Chain with Two Suppliers and One Retail Channel |
title_full_unstemmed | The Bullwhip Effect on the VMI-Supply Chain Management viaSystem Dynamics Approach: The Supply Chain with Two Suppliers and One Retail Channel |
title_short | The Bullwhip Effect on the VMI-Supply Chain Management viaSystem Dynamics Approach: The Supply Chain with Two Suppliers and One Retail Channel |
title_sort | bullwhip effect on the vmi supply chain management viasystem dynamics approach the supply chain with two suppliers and one retail channel |
topic | supply chain management vendor managed inventory system dynamics bullwhip effect optimal policy |
url | http://www.ijsom.com/article_2686_44d904fd0765257c7818cbe6837c39e4.pdf |
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