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Quantity discounts have been broadly examined in decisions on the sale or purchase of goods. The analysis of coordinating the discount decisions for the retailer (buyer), the wholesaler (supplier), and the public transportation service provider (Less-Than-Truckload carrier), however, is still in...
Persistent link: https://www.econbiz.de/10012942287
Firms such as Wal-Mart and Campbell's Soup have successfully implemented vendor managed inventory (VMI). Articles in the trade press and academic literature often begin with the premise that VMI is ‘beneficial'; but beneficial to which party and under what conditions? We consider in this paper...
Persistent link: https://www.econbiz.de/10013011006
We consider the shipment consolidation and freight forwarding problem under two discount schemes: the system-wide and the double-discount. In the system-wide scheme, the cost associated with one flight does not only depend on the quantity of freight assigned to that flight, but also on the total...
Persistent link: https://www.econbiz.de/10013000184
Consider a family of SKUs for which the supplier will offer a quantity discount, according to the aggregate purchases of the product group. Management of those items is based on the modified periodic policy. From the supplier's point of view, what are the optimal parameters (breakpoint and...
Persistent link: https://www.econbiz.de/10012970461
Crowdsourced delivery and other sharing economy platforms attract freelance workers by offering them flexibility in scheduling their own work hours. Those platforms, however, have been criticized for the lack of protection they offer workers. Since workers are treated as independent contractors,...
Persistent link: https://www.econbiz.de/10014344470
In this paper we consider a distribution planning problem in a transshipment network under stochastic customer demand, to account for uncertainty faced in real-life applications when planning distribution activities. To date, considerations of randomness in distribution planning networks with...
Persistent link: https://www.econbiz.de/10012305284
In this paper we consider a distribution planning problem in a transshipment network under stochastic customer demand, to account for uncertainty faced in real-life applications when planning distribution activities. To date, considerations of randomness in distribution planning networks with...
Persistent link: https://www.econbiz.de/10015450131
Although it is an essential link in any supply chain, transportation is often neglected in inventory decisions. In reordering decisions, for example, this omission may well result in unexpected losses, as transportation and quantity discounts can be tricky. In this paper, we study the problem of...
Persistent link: https://www.econbiz.de/10012942289
Quantity discounts are a useful mechanism for coordination. Here we investigate such discounts from the supplier's perspective, both from a non-cooperative game-theoretical approach and a joint decision model. Taking into account the price elasticity of demand, this analysis aids a sole supplier...
Persistent link: https://www.econbiz.de/10012970547
Less-Than-Truckload (LTL) carriers generally serve geographical regions that are more localized than the inter-city line-hauls served by truckload carriers. That localization can lead to urban freight transportation routes that overlap. If trucks are traveling with less than full loads, there...
Persistent link: https://www.econbiz.de/10013010080