Journal of the Korean Operations Research and Management Science Society (한국경영과학회지)

The Korean Operations Research and Management Science Society (한국경영과학회)
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Dynamic Supplier-Managed Inventory Control and the Beneficial Effect of Information Sharing

공급자 주도의 동적 재고 통제와 정보 공유의 수혜적 효과 분석에 대한 연구

  • 김은갑 (이화여자대학교 경영대학 경영학) ;
  • 박찬권 (한양사이버대학교 e-비즈니스학과) ;
  • 신기태 (대진대학교 산업시스템공학과)
  • Published : 2004.09.01
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Abstract

This paper deals with a supplier-managed inventory(SMI) control for a two-echelon supply chain model with a service facility and a single supplier. The service facility is allocated to customers and provides a service using items of inventory that are purchased from the supplier, Assuming that the supplier knows the information of customer queue length as well as inventory position in the service facility at the time when it makes a replenishment decision, we identify an optimal replenishment policy which minimizes the total supply chain costs by reflecting these information into the replenishment decision. Numerical analysis demonstrates that the SMI strategy can be more cost-effective when the information of both customer queue length and inventory position is shared than when the information of inventory position only is shared.

Keywords

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