Vendor Managed Inventory Integration on Pharmaceutical Third-party Logistics

Abstract

VMI can integrate logistics resource more systematically and more efficiently, but pharmaceutical logistics companies rarely consider VMI in inventory management as in the process of implementation, the degree of logistics specialization, information sharing, information technology, and benefit distribution have all become restrict factors of VMI. important role Based on the pharmaceutical logistics theory and logistics system integration theory, the research analyses the pharmaceutical logistics system in China. Aiming at the problem of high inventory, the study uses the method of Vendor Managed Inventory to establish inventory integration model, makes corresponded case study and the sensitivity analysis. The conclusion turns out some important that VMI is advantageous in pharmaceutical inventory integration. The study explores the active role of VMI in pharmaceutical logistics integration theoretically.