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Information Technology Enabled Vendor Managed Inventory in Modelling Supply Chain Issues: A Review

Information Technology Enabled Vendor Managed Inventory in Modelling Supply Chain Issues: A Review
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Author(s): Subramanian Nachiappan (Thiagarajar College of Engineering, Madurai, India)and Natarajan Jawahar (Thiagarajar College of Engineering Madurai, India)
Copyright: 2010
Pages: 27
Source title: Enterprise Information Systems and Implementing IT Infrastructures: Challenges and Issues
Source Author(s)/Editor(s): S. Parthasarathy (Thiagarajar College of Engineering, India)
DOI: 10.4018/978-1-61520-625-4.ch016

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Abstract

Supply chain is a network of firms interacting in a linear fashion to produce, sell and deliver a product or service to a predetermined market segment. It links all the chain partners within and across organization to work competitively by forming the partnerships together with the integration of business processes, technical and organizational aspects. The successful implementation of supply chain management depends on many soft issues (strategic/behavioural). The soft issues of supply chain models can be dealt through proper information sharing, communication and coordination between the stages of supply chain. Vendor managed inventory is a proven concept for successful collaborative and cooperative agreements in supply chain. This chapter reviews some of the soft issues in two-echelon supply chain models and proposes a classification schema. This chapter surveys the theoretical background and application of vendor managed inventory systems based on environment, operational issues and solution approaches. Hence it is concluded that the framework presented in this chapter would aid supply chain managers and researchers to further look into the soft issues while modeling supply chain with information technology enabled vendor managed inventory systems.

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