UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 5
May-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRCW06087


Registration ID:
216601

Page Number

443-449

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Title

ANALYSIS AND COMPARISION OF VENDOR MANAGED INVENTORY & ORDER DELIVERY PROCESS (A CASE STUDY-Coca Cola)

Abstract

In this study, the benefits of VMI in a supply chain consisting of a single retailer and a single capacitated supplier under stochastic demand was analyzed . A model for VMI was comparing the vendor managed system with the traditional system to quantify the benefits of VMI. In proposed VMI system, the retailer shares the inventory level information with the supplier, which was not available in traditional system; and the supplier was responsible to keep the retailer’s inventory level between the specified minimum and maximum values, set by a contract. The benefits of such a VMI system for each member and for the overall chain were analyze under different system parameters. In present research work, Reduction in Re-order Point results in saving of 4 Crore 12 lakhs, Increase in response time by 25%.

Key Words

Supply Chain management, Vendor managed Inventory

Cite This Article

"ANALYSIS AND COMPARISION OF VENDOR MANAGED INVENTORY & ORDER DELIVERY PROCESS (A CASE STUDY-Coca Cola)", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.443-449, May 2019, Available :http://www.jetir.org/papers/JETIRCW06087.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"ANALYSIS AND COMPARISION OF VENDOR MANAGED INVENTORY & ORDER DELIVERY PROCESS (A CASE STUDY-Coca Cola)", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp443-449, May 2019, Available at : http://www.jetir.org/papers/JETIRCW06087.pdf

Publication Details

Published Paper ID: JETIRCW06087
Registration ID: 216601
Published In: Volume 6 | Issue 5 | Year May-2019
DOI (Digital Object Identifier):
Page No: 443-449
Country: -, -, - .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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