Showing 1 - 10 of 8,601
Background: The advancement of Industry 4.0 technologies has affected every aspect of supply chains. Recently, enterprises have tried to create more value for their businesses by tapping into these new technologies. Warehouses have been one of the most critical sections in a supply chain...
Persistent link: https://www.econbiz.de/10013287954
Purpose: Slotting is one of the main operations in warehouse management. It is based on the efficient allocation of slots for stock-keeping units (SKUs). Order picking and slotting represent a high percentage of total logistics costs; therefore, improving these activities leads to significant...
Persistent link: https://www.econbiz.de/10015066159
The paper shows that taking inventory control out of the hands of retailers and assigning it to an intermediary increases the value of a supply chain when demand volatility is high. This is because an intermediary can help solve two incentive problems associated with retailers' inventory control...
Persistent link: https://www.econbiz.de/10011552567
The paper develops a simple theoretical model of inventory control in global supply chains. It identifies a role for intermediaries in managing inventory, and shows that inserting an intermediary as an additional link in a supply chain is profitable when demand volatility is high. It also...
Persistent link: https://www.econbiz.de/10010496944
Persistent link: https://www.econbiz.de/10013163870
Persistent link: https://www.econbiz.de/10012321078
Purpose: Provide a coordination strategy using multiple common replenishment epochs (MCRE) for a single-supplier multi-retailer supply chain. Design/methodology/approach: The demand of a product occurs only with a group of heterogeneous and independent retailers with constant rates, whereas all...
Persistent link: https://www.econbiz.de/10011901713
Purpose: The lean methodology and its principles have widely been applied in supply chain management in recent decades. Manufacturers are one of the most important contributors in a supply chain and inventory plays a paramount role for them to become lean. Therefore, there should be appropriate...
Persistent link: https://www.econbiz.de/10011904340
Persistent link: https://www.econbiz.de/10012155576
This paper constructs a model of a supply chain to examine how demand volatility is passed upstream through the chain. In particular, we seek to determine how likely it is that the chain experiences a bullwhip effect, where the variance of the upstream firm's production exceeds the variance of...
Persistent link: https://www.econbiz.de/10011736756