This paper considers integrated supply chain of Vendor-managed inventory (VMI) and third-party logistics (TPL) for perishable goods and it aims to analyze the effect of TPL on VMI supply chain. The paper discusses three kinds of situation: vendor owning inventory decision-making right, TPL owning inventory decision-making right and introducing constraint mechanism of on stock-out. The results indicate that transferring inventory decision-making right from vendor to TPL has no absolute effect on supply chain performance. When the constraint mechanism of no stock-out is considered, the inventory...
