TY - JOUR ID - 142673 TI - Facilitating Information Flow of Vendor Managed Inventory via the Integration of Electronic Data Interchange and Advanced Shipping Notice JO - Journal of Applied Intelligent Systems and Information Sciences JA - JAISIS LA - en SN - 2821-1987 AU - Nobil, Amirhossein AU - Gharaei, Ali AD - Faculty of Management and Accounting, Parandak Institute of Higher Education, Parandak, Iran AD - Department of Industrial Engineering, College of Engineering, University of Tehran, Tehran, Iran Y1 - 2021 PY - 2021 VL - 2 IS - 2 SP - 68 EP - 77 KW - Vendor managed Inventory KW - Information Flow KW - Advanced Shipping Notice KW - electronic data interchange DO - 10.22034/jaisis.2021.319771.1039 N2 - Vendor managed inventory is an advanced strategy in which responsibilities such as monitoring, planning, and direct replacement of goods are assigned to the vendor by the customer. Such a strategy is based on a close relationship between the vendor and customer and demands the establishment of a targeted flow of information. The outcome of this strategy is the reduction of costs and the increase in the service level for both parties (win-win strategy). In this article, we try to study how the vendor managed inventory system works and what is the role of the electronic data exchange system in its implementation, how to reduce costs and increase the service level, what obstacles and problems are posed during the implementation. Two case studies of the effects of vendor managed inventory in the steel and electrical equipment industries are addressed as well. Finally, the implementation results of these two case studies are described. UR - https://journal.research.fanap.com/article_142673.html L1 - https://journal.research.fanap.com/article_142673_172e40d69c3e2388ec76159587640223.pdf ER -