• Title/Summary/Keyword: vendor management

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An integrated one-vendor multi-buyer production-inventory model with shipment consolidation policy incorporated

  • Sung Chang Sup;Noh Kyung Wan;Lee Ik Sun
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.1-7
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    • 2003
  • This paper considers an Integrated one-vendor multi-buyer production-inventory model where the vendor manufactures multiple products In lot at Her associated finite production rates In the model. It is allowed for earth product to be shipped In lot to the buyers before the whole product production is not completed yet. Each product lot is dispatched to the associated buyer In a number or shipments. The buyers consume their products at fixed rates. The objective is to the production and shipment schedules in the Integrated system. which minimizes the mean total annual cost per unit time. The mean total annual cost consists or production setup cost inventory holding cost and shipment cost. For the model, an Iterative optimal solution procedure with shipment consolidation policy incorporated is derived. It is then tested through numerical experiments to show how efficient and effective He shipment consolidation policy is.

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A Study on Service Quality and Product Quality in Brand Awareness (브랜드 인지도에 따른 서비스 품질과 제품 품질에 관한 연구)

  • Han, Kyong-Hee;Cho, Jai-Rip
    • Proceedings of the Safety Management and Science Conference
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    • 2008.04a
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    • pp.401-415
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    • 2008
  • Upon the basis at the end of March 2005, we have the 38.91 million cellular phone subscribers over the country and the total diffusion rate of the cellular phone is reached up to 76.1%. At this moment, it can be said the most people use it since the demand is still going on. Turning to the operation company, this is serviced by the SK Telecom, LG Telecom, and KTF, and there are at least 6 manufactures producing it including Samsung, LG, KTF ever, Motorola an d SKY. Most users periodically change the service vendor to the others for buying new model or changing the service vendor. It is understood the customer's action occurred by the differences of the brand cognition. In this study, along with some parameters including the difference of the vendor's difference of satisfaction (mobile telecommunication, product), and the possibility to buy the product again, I am going to find out the relationship between the satisfaction of the provider's service.

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A Production-and-Scheduling for One-Vendor Multi-Buyer Model under the Consolidation Policy (다수 고객 통합전략을 활용하는 생산 및 물류계획 수립)

  • Noh, K.W.;Sung, C.S.;Lee, Ik Sun
    • Korean Management Science Review
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    • v.31 no.3
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    • pp.13-26
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    • 2014
  • This paper considers an integrated one-vendor multi-buyer production-inventory model where the vendor manufactures multiple products in lot at their associated finite production rates. In the model, it is allowed for each product to be shipped in lot to the buyers even before the whole product production is not completed yet. Each product lot is dispatched to the associated buyer in a number of shipments. The buyers consume their products at fixed rates. The objective is to the production and shipment schedules in the integrated system, which minimizes the total cost per unit time. The total cost consists of production setup cost, inventory holding cost and shipment cost. For the model, an iterative optimal solution procedure with shipment consolidation policy incorporated. It is then tested through numerical experiments to show how efficient and effective the shipment consolidation policy is.

Analysis of Vendor Managed Inventory System for Safety Appropriate Stock - Based on case study of 'D' Business - (안전 적정 재고를 위한 VMI 시스템 분석 - D사를 중심으로 -)

  • Lee Myong-Bok;Yang Kwang-Mo;Kang Kyong-Sik
    • Journal of the Korea Safety Management & Science
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    • v.7 no.4
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    • pp.179-191
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    • 2005
  • Recently, Vendor Managed Inventory(VMI) has been commonly recognized as one of the supply chain application that delivers clear value to the sectors of electic & electronic components. VMI is a process in which a supplier generates orders for its distributor based on demand information sent by the distributor. VMI is providing the benefits of smoother demand, lower inventories(work in process, safety stock) and reduced costs. This study focused on improvement of safety level inventory efficiency by VMI. The results indicated that VMI allowed the company to serve its customers more surely and efficiently.

An Integrated Inventory Model for a Vendor-Buyer Supply Chain in a JIT Purchasing (다원자재를 고려한 구매업자와 공급업자간 공급사슬에서의 통합재고모형에 관한 연구)

  • Kim, Dae-Hong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.32 no.3
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    • pp.159-167
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    • 2009
  • In this paper, we consider a single-vendor single-buyer supply chain problem where a single vendor orders raw materials from its supplier, then using its manufacturing processes converts the raw materials to finished goods in order to deliver finished goods to a single buyer for effective implementation of Just-In-Time Purchasing. An integrated lot-splitting model of facilitating multiple shipments in small lots between buyer and supplier is developed in a JIT Purchasing environment. Also, an iterative heuristic solution procedure is developed to find the order quantity for finished goods and raw materials, and number of shipments between buyer and supplier. We show by numerical example that when the integrated policy is adopted by both vendor and buyer in a cooperative manner, both parties can benefit.

Collaborative Vendor Managed Inventory Models for Managing 2-Echelon Supply Chains with the Consideration of Shortage in Demand (재고부족을 고려한 2단계 공급 망을 위한 협업 VMI 모델)

  • Shin, Hyun-Joon;Ahn, Beum-Jun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.9 no.2
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    • pp.556-563
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    • 2008
  • One of the most important issues of managing a supply chain is to determine the inventory level whenever shortage is permitted and vendor is responsible fur management of the both buyer and supplier's inventory. We present two vendor managed inventory models in the form of two-echelon supply chain models for: 1) one buyer-one supplier problem, and 2) two buyers- one supplier problem. We assume that shortage is permitted. The proposed methods of this paper provides a simple condition, which makes it easy to decide when and how vendor managed inventory model costs less than traditional one. The paper is supported with some numerical examples to show the implementation of the proposed methods.

Differences Between Client's and Supplier's receptions of IT Outsourcing Risks (IT아웃소싱 위험에 대한 고객과 공급업체와의 인식 차이)

  • Kim, Kyung-Ihl
    • Journal of Convergence for Information Technology
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    • v.8 no.5
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    • pp.237-242
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    • 2018
  • Researchers have suggested successful risk management as a key factor in successful IT outsourcing projects implementation. The documented investigations, however, have mainly addressed risk management only from a single perspective of either clients or IT vendors. This study explored the potential perception inconsistency regarding the risks between the client and the vendor for IT outsourcing projects by using a quasi-Delphi approach. The analysis results indicated some inconsistencies in the risks perceived by the two parties: (1) the clients regarded (a) lack of vendor commitment to the project and (b) poor vendor selection criteria and process as top critical risks but the vendors didn't; and (2) on the other hand, the vendors perceived (a) unclear requirements and (b) lack of experience and expertise with project activities as significant risks but the clients didn't. Insights into how the client and the vendor perceive risks may help both parties determine how to partner and manage project risks collaboratively to succeed in outsourcing.

An Exploratory Study on the Slow Adoption of Vendor managed Inventory in Manufacturing Firms (제조업체의 VMI 시스템 도입 부담요인에 관한 탐색적 연구)

  • Rhee, Moon-Ki Kyle;Choi, Hye-Jeong;Park, Seong-Taek
    • Journal of Digital Convergence
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    • v.13 no.9
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    • pp.77-87
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    • 2015
  • Vendor Managed Inventory(VMI) is a distribution channel system where the inventory at the retailer is monitored and managed by the manufacturer or vendor. By pushing the decision making responsibility further up the supply chain and centralizing the replenishment decision, the vendor can help the entire supply chain be more competitive. The purpose of this research is to explore the factors influencing the adoption of VMI by Korean manufacturers. This research proposes the IT readiness, operating cost, and information sharing as antecedents of burden for VMI, and collected the survey responses from the small-to-medium manufacturers. The statistical results indicate that only the operating cost has a significant impact on the adoption of VMI. However it has also been found that the IT readiness and information sharing have a significant effect on the operating cost. Thus indirectly influence the adoption of VMI. As a conclusion, the academic and practical implications of these findings are discussed.

Exploring Factors and Elements of Coordination between Key Account Management Units and Non-key Account Management Units: Case Study in an IT-related Machinery and System Vendor

  • Tonai, Shoko
    • Asia Marketing Journal
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    • v.18 no.1
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    • pp.1-22
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    • 2016
  • Studies in key account management (KAM) have identified the importance of cross-functional coordination in firms to effectively implement KAM. However, these studies have ignored how companies integrate KAM and other customer management (non-KAM). This paper explores coordination design between KAM units and non-KAM units by analyzing a case study through three dimensions: front-end coordination, back-end-coordination, and organizational translation at the beginning of research. The case study shows that non-KAM conditions can require a modification of the coordination design. This research performs an in-depth analysis of changes in the implementation of sales reforms for an IT-related machinery and system vendor in Japan. Data sources include interviews with KAM units and non-KAM sales units and an analysis of secondary data. This paper suggests that studying the coordination between KAM units and non-KAM units will further our understanding of internal coordination in KAM research.

The Effects of Use of Instant Messenger on Purchase Intention: The Context of Chinese C2C E-Commerce

  • Kwahk, Kee-Young;Ge, Xi;Lee, Jeong-Min
    • Asia pacific journal of information systems
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    • v.22 no.2
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    • pp.1-20
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    • 2012
  • In recent years, C2C e-commerce has become more and more popular in China. Chinese C2C buyers use an instant messaging more commonly during transactions compared to other countries, which seems to be an interesting phenomenon. Based on the Chinese market, this study aims to examine the role of instant messenger in the C2C e-commerce context and to find how it impacts buyers' purchase intentions. In addition to use of instant messenger, we brought in two antecedents of purchase intention-trust for vendor and customer satisfaction-to establish a theoretical research model. Through an online questionnaire survey, we tested and analyzed the research model and its related hypotheses. Structural equation modeling was used to analyze the data, and the results indicated that use of instant messenger did not directly influence purchase intention but had positive effects both on trust for vendor and customer satisfaction, which in turn influenced purchase intention. In conclusion, we discussed the research findings and suggested some implications for researchers and practitioners.

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