| dc.description.abstract | This abstract presents a summary of the study that discusses the implementation
of Vendor Managed Inventory (VMI) as an effort to improve inventory system
performance within the supply chain. The background of this research is based on
problems related to demand and inventory information imbalance, which often lead to
the bullwhip effect, high inventory costs, and low service levels. This study aims to
analyze the impact of VMI policy implementation on inventory performance and overall
supply chain stability. The research methodology employs a System Dynamics approach
to model the interactions among demand, inventory policies, supplier capacity, and
service levels. The developed model is used to simulate several VMI policy scenarios
and compare them with conventional inventory systems. The data used in this study are
obtained from a company case study and supported by relevant literature. The results
indicate that the implementation of VMI is able to reduce inventory variability, mitigate
the bullwhip effect, and improve customer service levels. In addition, the VMI system
enhances coordination between suppliers and customers, resulting in a more stable and
efficient supply chain performance. This study is expected to serve as a reference for
companies in designing integrated and collaborative inventory management policies. | en_US |
