Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)

Vendor Managed Inventory System Adaptability: A supply chain management analysis

Authors
Xinjie Zhang, Yuting Wu, Ziyi Zhang
Corresponding Author
Xinjie Zhang
Available Online December 2019.
DOI
10.2991/febm-19.2019.53How to use a DOI?
Keywords
VMI system; logistics; company efficiency; condition
Abstract

The VMI (Vendor Managed Inventory) system has been used as a sophisticated logistics system to provide adequate assistance to some large retailers. Despite this, the VMI system is currently limited to the retail industry and does not have access to the VMI system in other industries. In order to make up for this gap, this paper analyzes the feasibility of the VMI system in other industries and companies, and further determines the VMI system as a boost for other industries through three conditions. This article provides sufficient evidence for the research method through case analysis to further determine the feasibility and correctness of the research method. As the results of the study show, companies that meet these three conditions can significantly improve the company's logistics efficiency and reduce the company's storage costs when using the VMI system.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
December 2019
ISBN
10.2991/febm-19.2019.53
ISSN
2352-5428
DOI
10.2991/febm-19.2019.53How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Xinjie Zhang
AU  - Yuting Wu
AU  - Ziyi Zhang
PY  - 2019/12
DA  - 2019/12
TI  - Vendor Managed Inventory System Adaptability: A supply chain management analysis
BT  - Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)
PB  - Atlantis Press
SP  - 215
EP  - 218
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-19.2019.53
DO  - 10.2991/febm-19.2019.53
ID  - Zhang2019/12
ER  -