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Macau Periodical Index (澳門期刊論文索引)
- Author
- Zhang, Xiaodan; Xiong, Xia; Liu, Yingni
- Title
- Strategic supply chain coordination with vendor managed inventory and trade credit mechanisms: A comparative study
- Journal Name
- 澳門科技大學學報
- Pub. Info
- Dec. 2014, Vol.8, No.2, pp. 72-78
- Link
- http://lib.must.edu.mo/sites/default/files/assets/images/Duu/must_journal_201402.pdf
- Keyword
- VMI；Vendor managed inventory；Trade credit；Coordination；Supply chain；Total cost
- Abstract
- Abstract : Supply chain coordination has been focused on both in theoretical and practical fields. This paper addresses the jointly optimal total cost of using three different mechanisms such as VMI (vender managed inventory), trade credit and their combination to coordinate supply chain. By paired comparison among these three mechanisms, optimal strategy has been presented clearly and a consistent numerical analyze served to finish this research. Paragraph Headings: 1. Introduction 2. Assumptions 3. Notation 4. Mathematical model 4.1. Total cost at the seller's side 4.2. Total cost at all buyer's side 5. The jointly total cost analysis 6. Numerecal example 7. Conclusions and suggestion Tables: 1. input parameters 2. TCj(VMI&CP) VS TCj(VMI) 3. TCj(VMI&CP) VS TCj(CP) 4. TCj(VMI) VS TCj(CP)