Vendor Managed Inventory and Relish of Both Partners

Oleg Dejnega ()
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Oleg Dejnega: Technical University of Ostrava, Czech Republic

Annals of the University of Petrosani, Economics, 2011, vol. 11, issue 4, 61-72

Abstract: The article deals with new approach of Vendor Management Inventory for better inventory management and flexible planning of production without difference to scope of business branch, than the companies use the traditional replenishment programs. Inventory management is important element of all business subjects and play very important role in the logistic supply chains. Approach Vendor Management Inventory is suitable tool to decrease administrative costs and improve the production process. The article deals with theme in application practice, which is based on the experiences of the companies that build up this approach and focused to implementation this system in Czech Republic. Further the article contains the design of new model Vendor Management Inventory in the form of Vendor Management Inventory – Outsourcing of support activities.

Keywords: vendor managed inventory; vendor; supplier; customers; costs; case studies; advantages; outsourcing; and model with support outsourcing (search for similar items in EconPapers)
JEL-codes: L60 M10 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:11:y:2011:i:4:p:61-72

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