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.
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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
2005Department
Massachusetts Institute of Technology. Engineering Systems DivisionPublisher
Massachusetts Institute of Technology
Keywords
Engineering Systems Division.