[1] Zhang Qin, Da Qingli,. Vendor managed inventory and bullwhip effect [J]. Journal of Southeast University (English Edition), 2004, 20 (1): 108-112. [doi:10.3969/j.issn.1003-7985.2004.01.022]

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Vendor managed inventory and bullwhip effect()

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Journal of Southeast University (English Edition)[ISSN:1003-7985/CN:32-1325/N]

Volumn:

20

Issue:

2004 1

Page:

108-112

Research Field:

Economy and Management

Publishing date:

2004-03-30

Info

Title:

Vendor managed inventory and bullwhip effect

Author(s):

Zhang Qin¹;  2;  Da Qingli¹

¹College of Economics and Management, Southeast University, Nanjing 210096, China
²Department of Computer Engineering, Huaiyin Insitute of Technology, Huai’an 223100, China

Keywords:

vendor managed inventory;  bullwhip effect;  supply chain;  demand forecasting

PACS:

F252

DOI:

10.3969/j.issn.1003-7985.2004.01.022

Abstract:

This paper studies that the bullwhip effect of order releases and the amplifications of safety stock arise within the supply chain even when the demand model is ARIMA(0, 1, 1)and the forecast method used is a simple exponentially weighted moving average. It also examines a vendor managed inventory(VMI)program to determine how it can help alleviate such negative effects, and gives the theoretical proofs and numerical illustrations. The results show that the effects with VMI are better than the effect without VMI in demand forecasting and safety stock levels, etc.

References:

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[12] Zhang Qin, Da Qingli, Shen Houcai. Bullwhip effect and assess of the information sharing under ARIMA(0, 1, 1)demand [J]. Chinese Journal of Management Science, 2001, 9(6): 1-6.(in Chinese)
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[14] Waller M, Johnson M E, Davis T. Vendor-managed inventory in the retail supply chain [J]. Journal of Business Logistics, 1999, 20(1): 183-203.
[15] Box G E P, Jenkins G M, Reinsel G C. Time series analysis: forecasting and control. 3rd ed. [M]. San Francisco: Holden-Day, CA, 1976.

Memo

Memo:

Biographies: Zhang Qin(1963—), male, doctor, associate professor; Da Qingli(corresponding author), male, professor, dql@public1.ptt.js.cn.

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