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Vendor Managed Inventory (VMI) in micro, small and medium enterprises (MSMEs) – Plantain agricultural-chain

Acceso Abierto
ID Minciencias: ART-0000836370-199
Ranking: ART-ART_B

Abstract:

This paper emerges as a research result of the Vendor Managed Inventory (VMI) issue to a dehydrated plantain productive chain, which is composed by a dehydrating plant (supplier) and a pig-raise farm (client), adding the product transport cost as an integral parameter to inventory cost, in order to examine the inventory process practice before and after establishing VMI. Initially a chain contextualization in the field sector and the Colombian plantain agro-industry is shown. Then, the inventory coordination model is formulated taking as reference the model proposed by Yao, et al. [1], which is based on the model of economic batch supplier order. According to the previous information, the mathematical model is then applied with VMI and without VMI, after that, the product transport cost is incorporated to the total cost of management inventory. The result shows that VMI adoption generates savings for the integrated chain and how the transport cost becomes a relevant individual element in the structure for logistics cost of the analyzed chain.

Tópico:

Quality and Supply Management

Citaciones:

Citations: 1
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Información de la Fuente:

SCImago Journal & Country Rank
FuenteRevista Facultad de Ingeniería Universidad de Antioquia
Cuartil año de publicaciónNo disponible
VolumenNo disponible
Issue59
Páginas181 - 192
pISSN0120-6230
ISSNNo disponible

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Artículo de revista