IE interfaces (산업공학)

Korean Institute of Industrial Engineers (대한산업공학회)
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Development of the Decision Support System for Vendor-managed Inventory in the Retail Supply Chain

소매점 공급사슬에서 공급자 주도 재고를 위한 의사결정지원시스템의 개발

  • Park, Yang-Byung (Department of Industrial Engineering, College of Advanced Engineering, Kyung Hee University) ;
  • Shim, Kyu-Tak (Department of Industrial Engineering, College of Advanced Engineering, Kyung Hee University)
  • 박양병 (경희대학교 테크노공학대학 산업공학과) ;
  • 심규탁 (경희대학교 테크노공학대학 산업공학과)
  • Received : 2008.05.21
  • Accepted : 2008.08.07
  • Published : 2008.09.30
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Abstract

Vendor-managed inventory(VMI) is a supply chain strategy to improve the inventory turnover and customer service in supply chain management. Unfortunately, many VMI programs fail because they simply transfer the transactional aspects of placing replenishment orders from customer to vendor. In fact, such VMI programs often degrade supply chain performance because vendors lack capability to plan the VMI operations effectively in an integrated way under the dynamic, complex, and stochastic VMI supply chain environment. This paper presents a decision support system, termed DSSV, for VMI in the retail supply chain. DSSV supports the market forecasting, vendor's production planning, retailer's inventory replenishment planning, vehicle routing, determination of the system operating parameter values, retailer's purchase price decision, and what-if analysis. The potential benefits of DSSV include the provision of guidance, solution, and simulation environment for enterprises to reduce risks for their VMI supply chain operations.

Keywords

References

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