VMI vs. order based fulfillment
Name
62413670-MIT.pdf
Description
Full printable version
Size
7.11 MB
Format
Adobe PDF
Checksum (MD5)
38d6875086075d1990a9bb7e1d9ed4be
Author(s)
Shen, Victoria W
Advisor(s)
Christopher Caplice.
Alternative Title
Vendor managed inventory versus order based fulfillment
Date Issued
2005
Publisher
Massachusetts Institute of Technology
Abstract
In this thesis, two inventory fulfillment methods are compared by evaluating the vendor managed inventory (VMI) fulfillment against the current order based fulfillment. Several forms of adaptation to VMI are described. The costs and benefits of VMI are quantified. The difference between the current process and the proposed VMI process is measured by the monetary amount in total inventory storage, routing, management cost, and payment terms in one distribution center. A conclusion is drawn to determine whether VMI is a beneficial alternative to the current process, and possible future research is discussed.
Description
Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2005.
Includes bibliographical references (leaves 59-60).
Subjects
Engineering Systems Division.
MIT Department
Massachusetts Institute of Technology. Engineering Systems Division
Terms of Use
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