University of Twente Student Theses
VMI 2.0 : implementing VMI in the industry 4.0 era
Emmerich, T.L. (2022) VMI 2.0 : implementing VMI in the industry 4.0 era.
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Abstract: | The past years have been tough for many organisations that generally could rely on their supply chains. Many disruptions, varying from Covid-19-related lockdowns to the blocking of the Suez Canal, have caused lead times to increase extremely resulting in failing business operations. Benchmark Electronics, this study’s case company, have also faced many supply chain disruptions and lead time increases. The company is currently investigating how the concept of Vendor Managed Inventory (VMI) can be implemented in order to decrease lead times. VMI is an inventory management concept where upstream organisations, such as suppliers, manage and control the downstream customers’ inventory (Zhao, 2019, p. 1000). However, this study does not only focus on the implementation of VMI but also combine the concept with new insights from the Industry 4.0 era. Adding these together, a conceptual VMI 2.0 implementation framework is created. |
Item Type: | Essay (Master) |
Faculty: | BMS: Behavioural, Management and Social Sciences |
Subject: | 85 business administration, organizational science |
Programme: | Business Administration MSc (60644) |
Link to this item: | https://purl.utwente.nl/essays/92273 |
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