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VMI vs. order based fulfillment

Author(s)
Shen, Victoria W
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Alternative title
Vendor managed inventory versus order based fulfillment
Other Contributors
Massachusetts Institute of Technology. Engineering Systems Division.
Advisor
Christopher Caplice.
Terms of use
M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582
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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).
 
Date issued
2005
URI
http://hdl.handle.net/1721.1/33356
Department
Massachusetts Institute of Technology. Engineering Systems Division
Publisher
Massachusetts Institute of Technology
Keywords
Engineering Systems Division.

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