@inproceedings{c12a4e0b85934fa6b950df679712c37b,
title = "Modelling information sharing in a VMI environment with inventory hub",
abstract = "Discrete-Event Simulation is used to analyse a supply network under varying input conditions. The network is a 3-tier supply chain, with an OEM operating in a direct-to-customer environment supplied by a local inventory hub which, in turn is supplied by a contract manufacturer employing a Vendor Managed Inventory (VMI) system. Varying inputs of demand, lead-time and timeliness of information sharing are investigated with inventory levels, and expedited order requirements as the performance metrics. Results point to the fact that in a Make-to-Order environment, decreasing the time between demand forecast sharing between an OEM and a Contract Manufacturer can reduce the number of expedited orders in the system.",
keywords = "Co-operation, Discrete-time systems, Information flows, Inventory control, JIT manufacturing, Simulation, Stochastic systems",
author = "Ivor Lanning and Cathal Heavey",
year = "2006",
doi = "10.3182/20060517-3-fr-2903.00273",
language = "English",
isbn = "9783902661043",
series = "IFAC Proceedings Volumes (IFAC-PapersOnline)",
publisher = "IFAC Secretariat",
number = "PART 1",
booktitle = "12th IFAC Symposium on Information Control Problems in Manufacturing, INCOM 2006, and Associated Industrial Meetings",
edition = "PART 1",
}