外文翻译--供应商管理库存系统的综合效益分析（节选）

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1、2000 单词， 1.1 万英文字符， 2700 汉字 出处： Kannan G, Grigore M C, Devika K, et al. An analysis of the general benefits of a centralised VMI system based on the EOQ model J. International Journal of Production Research, 2013, 51(1): 172-188 原文 An analysis of the general benefits of a centralised VMI system base

2、d on the EOQ model G. Kannan, M. C. Grigore, K. Devika & A. Senthilkumar 1 Introduction Due to the global expansion of large companies, competition all over the world is becoming stronger and therefore an increasing need to obtain competitive prices is pushing industries to take on new challenging,

3、strategic methods. One of the recently recognised methods is the replacement of the traditional supply chain with the vendor-managed inventory (VMI) supply chain. It has been proven in many different papers that the VMI supply chain is superior to the traditional supply chain and can bring significa

4、nt cost savings to the participants. A traditional supply chain refers to the system within which each of the members at the different stages make decisions regarding replenishment quantities and timing so as to minimise cost at their end of the supply chain. The supply chain usually consists of all

5、 stages, starting at the raw material supplier and continuing on until the finished product reaches the end customer. All the different stages are linked by their common aim of providing the right product to the right customer in the promised time. VMI is a replenishment supply chain technique that

6、has been implemented since the beginning of the 1980s by Wall-Mart and Procter & Gamble (Waller et al. 1999), and has its roots back in 1958 when Magee (1958) first introduced the concept. Within a VMI agreement, the upstream supply chain member (the vendor) takes responsibility for managing the inventory of the downstream member (the buyer) within specific levels previously agreed upon without the need for orders from the customer side to be placed. Therefore, the vendor can focus on o