Essays about: "VMI model"

Showing result 1 - 5 of 7 essays containing the words VMI model.

  1. 1. Digital Transformation: Smart Supply Chains with Vendor Managed Inventory (VMI) - A Case Study for a medium sized Swedish healthcare company in VMI implementation

    University essay from Göteborgs universitet/Graduate School

    Author : Xiaoxi Hu; [2021-07-08]
    Keywords : VMI; Supply Chain; VMI Implementation; VMI risk; Risk Management;

    Abstract : Background & Purpose: Supply chain management (SCM) has become a hot topic in the current global competitive markets that drives many companies to explore, especially in inventory management. Vendor Managed Inventory (VMI) as an SCM method enables all participants in the supply chain to achieve rapid development and obtained huge benefits. READ MORE

  2. 2. Balancing inventory levels and setup times - An analysis and outline of a decision-making model

    University essay from Lunds universitet/Produktionsekonomi

    Author : Mohsen Adelfar; Henning Beythien; [2017]
    Keywords : Inventory Management; Setup Times; Average Stock on Hand; VMI; Production Scheduling and Sequencing; Technology and Engineering;

    Abstract : Background and Research Question Historically, Lindab has largely focused its efforts on the production, but as a part of recent development in company strategy, supply chain management has gained more attention. In this regard, more attention has been given to stock reduction and minimizing total setup times to get a leaner production. READ MORE

  3. 3. A framework for implementing the VMI model in an MRO partnership

    University essay from Högskolan i Gävle/Avdelningen för Industriell utveckling, IT och Samhällsbyggnad

    Author : Abdulrahman Altabba; Lina Karlsson; [2016]
    Keywords : Supply Chain Management; Sustainable Logistics; MRO Maintenance; Repair; and Operations ; Vendor Managed Inventory; Electronic Data Interchange; VMI; EDI; Logistics Management;

    Abstract : Purpose - The purpose of this paper is to investigate the feasibility of implementing the Vendor Managed Inventory (VMI) model in an MRO (maintenance, repair, and operations) partnership, and highlight its potential economic, environmental, and organizational benefits, as well as limitations. Approach - First, a comprehensive literature review was conducted on fields relevant to VMI. READ MORE

  4. 4. Risk management in using VMI system : Comparative and explorative study of Chinese and Swedish household appliance companies

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Yaru Zhang; Li Tian; [2016]
    Keywords : ;

    Abstract : Authors: Zhang Yaru & Tian Li Tutor: Petra Andersson Title: Risk management in using VMI system ----- Researching between Chinese and Swedish household appliance companies Background & problem discussion: Due to potential of supply chain management is enormous to improve productivity, customer service and cost reduction, Vendor Managed Inventory (VMI) is one of the supply chain management strategies, by improving the effectively of supply chain to get the competitive advantage for companies. In the Swedish and Chinese household appliance companies have a common agreement about using VMI system in order to reduce operating costs. READ MORE

  5. 5. How to apply inventory management in a PC company : A case study of Lenovo Company

    University essay from Avdelningen för Industriell utveckling, IT och Samhällsbyggnad

    Author : Yiwen Qi; Amin Xu; [2014]
    Keywords : ;

    Abstract : In recent years, Inventory management has become one of the most importantparts in a company supply chain management. For a company, how to get effectiveand reasonable inventory management to reduce production costs becomes animportant topic in today's enterprise management. READ MORE