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This paper investigates a decentralized assembly system that consists of one manufacturer and multiple suppliers who produce the complementary components. In a single selling season, the manufacturer initially sets a vendor inventory liability period (VILP) to control the suppliers' delivery...
Persistent link: https://www.econbiz.de/10012838190
The paper studies coordination of a supply chain when the inventory is managed by the vendor (VMI). We also provide a general mathematical framework that can be used to analyze contracts under both retailer managed inventory (RMI) and VMI. Using a simple news-vendor scenario with a single vendor...
Persistent link: https://www.econbiz.de/10012917028
Marketplace platforms such as Amazon or Farfetch provide a convenient meeting point between customers and suppliers and have become an important element of e-commerce. This sales channel is particularly interesting for suppliers that sell seasonal goods under a tight time frame, because they...
Persistent link: https://www.econbiz.de/10012829202
This paper investigates the optimal management of supply disruptions by a manufacturer who uses order inflation and/or investments in process reliability when contracting two risk-averse suppliers. We consider that these investments can be subject to moral hazard. Technically we solve a...
Persistent link: https://www.econbiz.de/10011665554
Purpose – The purpose of this study is to examine the significance of supply chain strategies – visibility and flexibility supply chain – as well as the supplier development and inventory control towards the supply chain effectiveness. Design/methodology/approach – Applying the strategic...
Persistent link: https://www.econbiz.de/10014120782
The paper investigates newsvendor problem for a dyadic supply chain in which both the supplier and the retailer are concerned with fairness. Nash bargaining solution is introduced as the fairness reference point and equilibrium results are derived. The effects of fairness concerns on optimal...
Persistent link: https://www.econbiz.de/10012938605
Supply chain finance has been gaining attention in theory and practice. A company's financial position affects its performance and survivability in dynamic and volatile markets. Those that have weak financial performance are vulnerable when operating in environments that are uncertain and...
Persistent link: https://www.econbiz.de/10012239294
By using the methods of multi-criteria analysis it is possible to make decisions which have significant influence on companies' business. The aim of this paper is to evaluate different suppliers using the integrated model that recognizes a combination of fuzzy AHP (Analytical Hierarchy Process)...
Persistent link: https://www.econbiz.de/10012908248
We study a sourcing problem faced by a firm that seeks to procure a product or a component from a pool of alternative suppliers. The firm has a preference ordering of the suppliers based on factors such as their past performance, quality, service, geographical location and financial strength,...
Persistent link: https://www.econbiz.de/10014044711
Persistent link: https://www.econbiz.de/10011521548