[1] Chen Xinyuan, Zhao Lindu,. Integrated continuous replenishment planningin VMI system of retail industry [J]. Journal of Southeast University (English Edition), 2006, 22 (2): 234-237. [doi:10.3969/j.issn.1003-7985.2006.02.019]

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Integrated continuous replenishment planningin VMI system of retail industry()

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

Volumn:

22

Issue:

2006 2

Page:

234-237

Research Field:

Economy and Management

Publishing date:

2006-06-30

Info

Title:

Integrated continuous replenishment planningin VMI system of retail industry

Author(s):

Chen Xinyuan;  Zhao Lindu

College of Economics and Management, Southeast University, Nanjing 210096, China

Keywords:

vendor managed inventory;  continuous replenishment planning;  integrated replenishment;  fresh food

PACS:

F253

DOI:

10.3969/j.issn.1003-7985.2006.02.019

Abstract:

In order to let suppliers monitor customers’ inventory levels and make supply decisions regarding order quantities and delivery time, an integrated continuous replenishment planning(CRP)strategy of fresh food oriented to retail industry is presented, which integrates the consolidation of shipment and inventory replenishment considering the deterioration of items to guarantee the quality safety of fresh food during the replenishment cycle.A vendor managed inventory(VMI)mathematical model to compute upper-level inventory and delivery cycle is built.Based on the real-time sales data exchange, it enables suppliers to make the decision of the optimal time and the quantities of replenishment for retailers during a delivery cycle, in order to replenish the consumers’ stock initiatively and minimize the long-run average cost.

References:

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[10] Liu Liwen, Yuan Jiarui.Inventory and dispatch models in VMI systems [J].Chinese Journal of Management Science, 2003, 11(5):31-37.(in Chinese)
[11] Ye Zhijian, Du Wen, Wang Qingrong, et al.Delivery consolidation and stock replenishment in VMI system[J].Journal of Transportation Systems Engineering and Information Technology, 2003, 11(3):82-89.(in Chinese)

Memo

Memo:

Biographies: Chen Xinyuan(1979—), male, graduate;Zhao Lindu(corresponding author), male, doctor, professor, ldzhao@seu.edu.cn.

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