Abstract
Adding the third party logistics enterprises between the suppliers and the retailers is a kind of the development of VMI mode, in this mode; inventory pressure is transferred to the third party logistics enterprise. In view of this situation, the VMI inventory control model which treats total inventory control costs as the objective function is built based on from four dimensions: the inventory holding costs, the fixed delivery costs, replenishment costs and customer waiting costs. After solving the model and sensitivity analyzing related parameters, it can be inferred that related parameters in the VMI model of the introduction of the third party logistics have effects on inventory control costs.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Research Journal of Applied Sciences, Engineering and Technology
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
