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Implementation vendor managed inventory in electronic manufacturing

A supply chain (SC) is described as a chain in which raw materials are obtained, products are manufactured in one or more factories, transported to a distribution warehouse, supplied to retailers, and eventually reach the customer's hand. Supply Chain Management (SCM) is the strategic coordinat...

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Main Authors: Misrun, Norayuni, Ramlie, Faizir, Abdul Razak, Fadhilah
Format: Article
Language:English
Published: Asian Scholars Network 2023
Subjects:
T Technology (General)
Online Access:http://eprints.utm.my/108704/1/FaizirRamlie2023_ImplementationVendorManagedInventory.pdf
http://eprints.utm.my/108704/
http://dx.doi.org/10.55057/ijbtm.2023.5.S4.9
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spelling my.utm.1087042024-11-27T09:23:41Z http://eprints.utm.my/108704/ Implementation vendor managed inventory in electronic manufacturing Misrun, Norayuni Ramlie, Faizir Abdul Razak, Fadhilah T Technology (General) A supply chain (SC) is described as a chain in which raw materials are obtained, products are manufactured in one or more factories, transported to a distribution warehouse, supplied to retailers, and eventually reach the customer's hand. Supply Chain Management (SCM) is the strategic coordination of key activities and strategies across functions inside a specific business as well as across its supply chain partners in order to improve the long-term performance of the individual organisations and the supply chain as a whole. Supply chain management has been increasingly significant in the industrial world in recent years. Inventory management is one of the most critical concerns in the supply chain that may have a significant impact on the chain's performance. Demand in the upstream portion of the chain is dependent on orders produced in the downstream part of the chain, and because of market uncertainties, inventory management has become a highly difficult issue. According to the traditional supply chain structure, each member of the chain has their own inventory policy to enhance organisational performance. Due to a lack of information sharing among members, upstream members are uninformed of actual client demand. Now, with the VMI method to information exchange in the supply chain, the supplier has access to the customer's inventory and demand information. The research results show that by using the VMI approach, can enhanced the inventory alignment, enhancing overall financial performance and improved business performance. Asian Scholars Network 2023 Article PeerReviewed application/pdf en http://eprints.utm.my/108704/1/FaizirRamlie2023_ImplementationVendorManagedInventory.pdf Misrun, Norayuni and Ramlie, Faizir and Abdul Razak, Fadhilah (2023) Implementation vendor managed inventory in electronic manufacturing. International Journal of Business and Technology Management, 5 (S4). pp. 80-96. ISSN 2682-7646 http://dx.doi.org/10.55057/ijbtm.2023.5.S4.9 DOI : 10.55057/ijbtm.2023.5.S4.9
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic T Technology (General)
spellingShingle T Technology (General)
Misrun, Norayuni
Ramlie, Faizir
Abdul Razak, Fadhilah
Implementation vendor managed inventory in electronic manufacturing
description A supply chain (SC) is described as a chain in which raw materials are obtained, products are manufactured in one or more factories, transported to a distribution warehouse, supplied to retailers, and eventually reach the customer's hand. Supply Chain Management (SCM) is the strategic coordination of key activities and strategies across functions inside a specific business as well as across its supply chain partners in order to improve the long-term performance of the individual organisations and the supply chain as a whole. Supply chain management has been increasingly significant in the industrial world in recent years. Inventory management is one of the most critical concerns in the supply chain that may have a significant impact on the chain's performance. Demand in the upstream portion of the chain is dependent on orders produced in the downstream part of the chain, and because of market uncertainties, inventory management has become a highly difficult issue. According to the traditional supply chain structure, each member of the chain has their own inventory policy to enhance organisational performance. Due to a lack of information sharing among members, upstream members are uninformed of actual client demand. Now, with the VMI method to information exchange in the supply chain, the supplier has access to the customer's inventory and demand information. The research results show that by using the VMI approach, can enhanced the inventory alignment, enhancing overall financial performance and improved business performance.
format Article
author Misrun, Norayuni
Ramlie, Faizir
Abdul Razak, Fadhilah
author_facet Misrun, Norayuni
Ramlie, Faizir
Abdul Razak, Fadhilah
author_sort Misrun, Norayuni
title Implementation vendor managed inventory in electronic manufacturing
title_short Implementation vendor managed inventory in electronic manufacturing
title_full Implementation vendor managed inventory in electronic manufacturing
title_fullStr Implementation vendor managed inventory in electronic manufacturing
title_full_unstemmed Implementation vendor managed inventory in electronic manufacturing
title_sort implementation vendor managed inventory in electronic manufacturing
publisher Asian Scholars Network
publishDate 2023
url http://eprints.utm.my/108704/1/FaizirRamlie2023_ImplementationVendorManagedInventory.pdf
http://eprints.utm.my/108704/
http://dx.doi.org/10.55057/ijbtm.2023.5.S4.9
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score 13.223943

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