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Suppliers often prefer to offer their retailers a delay period in payment to attract more sales and promote revenue in a supply chain. The retailers usually ask their customers to pay a portion of purchasing cost when receiving the product (i.e., a downstream partial trade credit) to reduce the...
Persistent link: https://www.econbiz.de/10014516501
This paper considers a single-sourcing network design problem for a three-level supply chain. For the first time, a novel mathematical model is presented considering risk-pooling, the inventory existence at distribution centers (DCs) under demand uncertainty, the existence of several...
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"Inventory Analytics provides a comprehensive and accessible introduction to the theory and practice of inventory …
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Selecting the best suppliers is crucial for a company’s success. Since competition is a determining factor nowadays, reducing cost and increasing quality of products are two key criteria for appropriate supplier selection. In the study, first the inventories of agglomeration plant of Isfahan...
Persistent link: https://www.econbiz.de/10011563012
Determining supplier and optimum order of the quantity is an issue of great importance in logistics management for many companies. In this regard, it is crucial to determine the best decisions for the order quantity as well as the most suitable supplier through considering existing limitations...
Persistent link: https://www.econbiz.de/10013470767
In practice, the supplier often offers the retailers a trade credit period M and the retailer in turn provides a trade credit period N to her/his customer to stimulate sales and reduce inventory. From the retailer’s perspective, granting trade credit not only increases sales and revenue but...
Persistent link: https://www.econbiz.de/10011562617
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
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