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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Main Authors: Yahia Zare Mehrjerdi, Alireza Hosseini
Format: Article
Language:English
Published: Kharazmi University 2016-08-01
Series:International Journal of Supply and Operations Management
Subjects:
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.
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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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