Vendor managed inventory contracts – coordinating the supply chain while looking from the vendor’s perspective

• Main Authors: Sainathan, Arvind, Groenevelt, Harry
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2019
• Subjects: Supply Chain Management; Newsvendor; Business::Operations management
• Online Access: https://hdl.handle.net/10356/103252; http://hdl.handle.net/10220/49972
• Institution: Nanyang Technological University

The paper studies coordination of a supply chain when the inventory is managed by the vendor (VMI). We also provide a general mathematical framework that can be used to analyze contracts under both retailer managed inventory (RMI) and VMI. Using a simple newsvendor scenario with a single vendor and...