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How VMI and Consignment Jointly Affect Supply Chain Performance

유정석
한국유통과학회 (Korea Distribution Science Association)|2015.03|유통과학연구 (Journal of Distribution Science)|제13권 제3호|pp. 31-39|DOI 10.15722/jds.13.3.201503.31

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참고문헌

키워드

Supply Chain CollaborationSupply Chain ManagementConsignmentVendor Managed InventoryVMI with Consignment

초록

Purpose – Due to its potential to improve supply chain operations, supply chain collaboration has attracted significant attention from both academics and practitioners. This study focuses on VMI, in collaboration with consignment, and examines its impact on supply chain performance. Research design, data, and methodology – This study employs the analysis of mathematical models, formulated based on the proposed supply chain framework. Using numerical examples, it evaluates the performance of three supply chain systems: one including VMI and consignment, a consignment-only system, and a traditional system. Results – The combination of VMI and consignment produces greater supply chain benefits than the consignment-only and traditional systems. Whereas only the performance of the buyer improves with the consignment-only system, the system with VMI and consignment is beneficial to both the buyer and supplier. Conclusions – The results of this study reveal that the inclusion of the additional collaborative function of VMI makes consignment a better supply chain collaboration program. Future studies should examine issues regarding the testing of diverse collaboration programs and the building of a firm theoretical background.

Abstract

Purpose – Due to its potential to improve supply chain operations, supply chain collaboration has attracted significant attention from both academics and practitioners. This study focuses on VMI, in collaboration with consignment, and examines its impact on supply chain performance. Research design, data, and methodology – This study employs the analysis of mathematical models, formulated based on the proposed supply chain framework. Using numerical examples, it evaluates the performance of three supply chain systems: one including VMI and consignment, a consignment-only system, and a traditional system. Results – The combination of VMI and consignment produces greater supply chain benefits than the consignment-only and traditional systems. Whereas only the performance of the buyer improves with the consignment-only system, the system with VMI and consignment is beneficial to both the buyer and supplier. Conclusions – The results of this study reveal that the inclusion of the additional collaborative function of VMI makes consignment a better supply chain collaboration program. Future studies should examine issues regarding the testing of diverse collaboration programs and the building of a firm theoretical background.

참고문헌 (50)

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관련 논문AI추천

When VMI with Consignment Brings Benefit to Supply Chain Members?유정석한국유통과학회 · 산경연구논집2021 · 제12권 제5호Simulation Study of Two Supply Chain Collaboration Programs: Consignment and VMIChung-Suk Ryu한국유통과학회 · 유통과학연구2016 · 제14권 제4호Investigation on How VMI affects Ongoing Performance of Supply Chain System유정석한국유통과학회 · 유통과학연구2020 · 제18권 제1호How Consignment Should be Implemented to be an Effective Supply Chain Collaboration Program?유정석한국유통과학회 · 산경연구논집2023 · 제14권 제6호Impact of Revenue Sharing Contract on the Performance of Vendor Managed Inventory유정석한국유통과학회 · 산경연구논집2023 · 제14권 제9호Review of Vendor Managed Inventory: Investigation on How It Improves Supply Chain PerformanceChung-Suk Ryu한국유통과학회 · 유통과학연구2016 · 제14권 제9호

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