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Article: ORDER PROCESSING COST REDUCTION IN A JOINT VENDOR-BUYER INVENTORY SYSTEM VIA THE APPLICATION OF INFORMATION TECHNOLOGY.
- Article from:
- Engineering Economist
- Article date:
- December 22, 2000
- Author:
CopyrightCOPYRIGHT 2000 Institute of Industrial Engineers, Inc. (IIE). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ABSTRACT
Modern information technologies have become important means for manufacturing and retailing firms to gain such competitive advantages as lower logistics costs and securer customers' loyalty. In this paper, we investigate a joint inventory system where the vendor produces a single item for its sole buyer and the buyer sells the item to consumers with backorders allowed. Each production lot is delivered to the buyer in a number of shipments and consecutive shipments will be increased by a fixed factor. Both vendor and buyer are willing to participate in order processing time reduction by applying information technologies in order to decrease their joint ...
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Article: Olympian Chooses Vertica Software's Hazweb Marketplace for ...
Business Wire;
April 19, 2001 ;
700+ words
... ... to automate their price quote and order processing system. With the Hazweb Marketplace ... provides Olympian with tailored quote and order processing services that are interfaced with ... for real-time product pricing and order processing is an important endorsement within ...
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