Information Flow Management of Vendor-Managed Inventory System in Automobile Parts Inbound Logistics Based on Internet of Things
Reducing inventory levels is a major supply chain management challenge in automobile industries. With the development of information technology new cooperative supply chain contracts emerge such as Vendor-Managed Inventory (VMI). This paper aims to look at the literature of information management of VMI and the Internet of Things, then analyzes information flow model of VMI system. The paper analyzes information flow management of VMI system in automobile parts inbound logistics based on the environment of Internet of Things.