Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)

A Study of Supplier Management Inventory Management in a Supply Chain Environment

Authors
Jia Li1, *
1Business School, Yunnan College of Business Management, Kunming, Yunnan, China
*Corresponding author. Email: 25984531@qq.com
Corresponding Author
Jia Li
Available Online 2 September 2024.
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.

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Volume Title
Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
2 September 2024
ISBN
978-94-6463-506-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-506-5_10How to use a DOI?
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  -