Determinants of successful vendor managed inventory practice in oligopoly industries

Eric Deakins, Kim Dorling and John Scott

International Journal of Integrated Supply Management, 2008, vol. 4, issue 3/4, 355-377

Abstract: Action research utilising soft systems methodology was used to identify the key Management-level determinants of successful Vendor Managed Inventory (VMI) and strategic supply chain relationships, for firms operating in industries characterised by oligopolistic competition. The resulting step-wise framework and practical guidelines detail the actions needed to be taken by managers to maximise the benefits of such collaboration; benefits that can include significantly reduced inventories and purchasing activities, reduced bullwhip effect, increased inventory turns and solidified customer-vendor relationships. While being particularly relevant to highly concentrated food industries, the developed framework provides a model for all practitioners to follow when considering whether, and how, to establish and nurture successful VMI and strategic supply chain relationship practices.

Keywords: supply chain management; SCM; VMI; vendor managed inventory; NZ; New Zealand; food industries; oligopoly industries; integrated supply management; soft systems methodology; supply chain relationships. (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=20759 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijisma:v:4:y:2008:i:3/4:p:355-377

Access Statistics for this article

More articles in International Journal of Integrated Supply Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().