Vendor‐managed inventory: fashion fad or important supply chain strategy?

Vendor‐managed inventory: fashion fad or important supply chain strategy? Considers the concept of vendor‐managed inventory (VMI). Reviews its success since it was first implemented by Wal‐Mart and K‐Mart. Asserts that although a number of factors make the efficient operation of VMI difficult, the process is still relevant to supply chain management. The strategy is effective when the relationship between major retailers and major suppliers is constructive and open, and the party who is most able and in the best position to manage the supply relationship is in control of the supply chain. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Supply Chain Management: An International Journal Emerald Publishing

Vendor‐managed inventory: fashion fad or important supply chain strategy?

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Publisher
Emerald Publishing
Copyright
Copyright © 1998 MCB UP Ltd. All rights reserved.
ISSN
1359-8546
DOI
10.1108/13598549810200825
Publisher site
See Article on Publisher Site

Abstract

Considers the concept of vendor‐managed inventory (VMI). Reviews its success since it was first implemented by Wal‐Mart and K‐Mart. Asserts that although a number of factors make the efficient operation of VMI difficult, the process is still relevant to supply chain management. The strategy is effective when the relationship between major retailers and major suppliers is constructive and open, and the party who is most able and in the best position to manage the supply relationship is in control of the supply chain.

Journal

Supply Chain Management: An International JournalEmerald Publishing

Published: Mar 1, 1998

Keywords: Inventory; Retailing; Supply‐chain management; Vendors

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