search query: @indexterm RELIABILITY / total: 243
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| Author: | Kulp, S. C. |
| Title: | The Effect of Information Precision and Information Reliability on Manufacturer-Retailer Relationships |
| Journal: | Accounting Review
2002 : JUL, VOL.77-3, p. 653-678 |
| Index terms: | INFORMATION MANUFACTURING INDUSTRY RETAIL INDUSTRY RELIABILITY |
| Language: | eng |
| Abstract: | This study investigates the extent to which a retailer's willingness to share internal (sales and inventory) information with a manufacturer and the reliability of the information transmission between the retailer and the manufacturer affect the total supply-chain profits resulting from two alternative inventory management systems. The author presents analytical models of a traditional system and a Vendor Managed Inventory (VMI) system. The VMI system is a supply-chain management technique in which the retailer delegates its inventory decisions to, and shares its internal accounting information with, the manufacturer. With VMI, the parties aim to reduce inventory-related costs and increase supply-chain profits. |
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