E-procurement is used by companies as a tool to reduce procurement costs, bring transparency into the purchasing process, and reduce the procurement cycle time. The specialized expertise involved in building such systems and its associated costs have compelled some companies to hire third-party...

Purpose – The paper proposes multi‐sourcing models for optimal order allocation in newsvendor setting under supply disruption with stochastic demand where suppliers are capacity constrained. Design/methodology/approach – Mathematical models are constructed to describe the stochastic single...