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Mechanical Engineering Commons

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Western Michigan University

Industrial Engineering

2011

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Full-Text Articles in Mechanical Engineering

Benefits Of Cpfr And Vmi Collaboration Strategies In A Variable Demand Environment, Dattaraj Kamalapurkar Jan 2011

Benefits Of Cpfr And Vmi Collaboration Strategies In A Variable Demand Environment, Dattaraj Kamalapurkar

Dissertations

In recent years, practitioners and academic researchers have emphasized that organizations need to collaborate with suppliers and customers to improve their competitive advantage. The availability of cost efficient information technologies like EDI, XML, etc. have made it possible to develop and implement many forms of collaboration strategies. Among them, Vendor Managed Inventory (VMI) and Collaborative Planning, Forecasting and Replenishment (CPFR) are most popular, which are considered for this study. While many studies have identified the benefits of demand information sharing in supply chains; however the benefits gained by implementing collaboration strategies like VMI and CPFR in a variable demand environment …