Vendor managed forecasting: A case study of small enterprise

Enterprises use supply chain management practices for improving business or supply chain performance. It is observed that supply chain technologies like VMI are now becoming an integral part of enterprise’s strategy. Even small and medium enterprises can adopt this practice and improve the performan...

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Bibliographic Details
Published in:Journal of industrial engineering and management 2009-07, Vol.2 (1), p.153-175
Main Authors: Atul B. Borade, Satish Bansod
Format: Article
Language:English
Subjects:
demand forecasting
performance measures
small and medium enterprise
supply chain management
vendor-managed inventory
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Summary:Enterprises use supply chain management practices for improving business or supply chain performance. It is observed that supply chain technologies like VMI are now becoming an integral part of enterprise’s strategy. Even small and medium enterprises can adopt this practice and improve the performance of supply chain. This paper discusses vendor managed forecasting with the help of case study. It shows how a small enterprise improves supply chain performance by using demand related information obtained from retailer. The results obtained in the study shows that vendor managed forecasting in supply chain reduces the demand variation and improves inventory management significantly.
ISSN:2013-8423
2013-0953
DOI:10.3926/jiem..v2n1.p153-175