A Study of Supplier Management Inventory Management in a Supply Chain Environment
- DOI
- 10.2991/978-94-6463-506-5_10How to use a DOI?
- Keywords
- supply chain management; inventory management; vendor managed inventory
- Abstract
The importance of supply chain management is becoming more and more prominent as enterprises continue to refine their management. This paper specifically analyzes the feasibility of VMI implementation in Company F. It describes that Company F determines the materials for which the VMI model is to be implemented by adopting the ABC classification method to classify raw materials. For this category of materials, Company F designed the VMI implementation program and select the suppliers suitable for promoting the implementation of VMI. Practice has shown that after implementing VMI, Company F has effectively improved the problem of inventory backlog, on-time delivery rate has been significantly increased, and the level of customer service has been improved.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Jia Li PY - 2024 DA - 2024/09/02 TI - A Study of Supplier Management Inventory Management in a Supply Chain Environment BT - Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024) PB - Atlantis Press SP - 77 EP - 87 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-506-5_10 DO - 10.2991/978-94-6463-506-5_10 ID - Li2024 ER -