Buyer–supplier relationship and optimisation model in a dynamic collaborative network with shortages allowed

Chen, Liang‐Tu

doi:10.1080/0951192x.2015.1067919

Cited by 7 publications

(3 citation statements)

References 58 publications

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“…A key point that can be highlighted is the lack of flexibility and high risk of inadaptability to real and variable customer needs and the subsequent consequences [54]. For instance, in the case of a customer whose use frequency increases the contractual supply of the filters is insufficient, and therefore the customer must solicit the manufacturer for "extraordinary" distribution of filters.…”

Section: Practical Resultsmentioning

confidence: 99%

Case Study Research to Foster the Optimization of Supply Chain Management through the PSS Approach

2022

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The optimization of a product’s whole life cycle has become a mandatory task for manufacturers seeking to deal with circular economy requirements while gaining competitiveness in the market. In order to achieve such a sustainability goal, alignment of production, distribution, and field service activities is needed. In the literature, numerous studies indicate the product–service system (PSS) approach as one of the most promising business models to combine the needs of manufacturers and customers in an efficient and effective manner. However, PSS solutions aimed at practically optimizing supply chain management have scarcely been addressed. In order to reduce this gap, the current study proposes a procedure based on the PSS Functional Matrix, the Screening Life Cycle Modelling (SLCM) method, and stock management theory to optimize aftermarket services based on market demand. A case study in the medical equipment sector, where market demand can fluctuate during the contract period, is presented. The analytical results show beneficial effects in terms of both costs and environmental impact, suggesting the need for further research to augment knowledge on PSS and supply chain management. In particular, the PSS allowed the company to customize the manufacturer’s business model, adapting the supply of aftermarket services to varying customer needs.

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Section: Practical Resultsmentioning

confidence: 99%

Case Study Research to Foster the Optimization of Supply Chain Management through the PSS Approach

2022

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“…In the present literature reviewed, 39/77 of the inventory models that consider more than one echelon in the supply chain are restricted to interactions that occur between a supplier/producer and a buyer [37,39,58,63,67,73,80,81,87,88,97,101,103,104,106,112,114,118,143,145,147,149,170,176,198,229,231,237,242,248,251,252,256,275,293,305,321,331,332]. However, a supply chain involving a single-vendor and multiple buyers is studied in [34,36,60,72,82,100,140,153,197,210,…”

Section: Multi-echelon Inventory Modelsmentioning

confidence: 99%

Inventory models for managing deteriorating products: a literature review

Pérez¹,

Torres²

2020

Preprint

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The problem of determining the economic order quantity has long attracted the attention of researchers, and several models have been developed to meet requirements under different circumstances at minimum cost. In the present paper, we conduct a structural content analysis of 317 selected peer-reviewed research articles that were published during the period 2001-2018 and ranked with a quartile score of Q1 by either ISI or Scopus database. By discussing the main topics of the inventory modeling literature, we provide a comprehensive view of the past research dealing with the management of deteriorating items. Here, we focus on items undergoing physical modification during the planning period, which encompasses a wide variety of products such as fresh produce, processed food, pharmaceuticals and blood products. Therefore, based on our holistic analysis, we identify new trends and we highlights crucial research opportunities to develop more comprehensive and practical models.

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“…Comprehensive reviews related to consignment contract include [8][9]. The question is whether supply chain contracts can replace the traditional supply chain strategy while optimizing channel performance and, particularly, in practice whether suppliers can apply consignment strategies to offer incentives to retailers to order more goods while simultaneously increasing the profits of channel-wide [10][11]. This study proposes a policy involving a consignment contract is applied to solve the problem of optimally dynamic decisions in a single-retailer and single-supplier supply chain over a multi-period planning horizon for a deteriorating commodity.…”

Section: Introductionmentioning

confidence: 99%

Research on Decentralized Supply Chain with Channel-Wide Profit Maximization

Chen¹

2017

SJBM

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This study explores the problem of optimally dynamic joint decisions: replenishment quantity, retail price and depletion time, in a vertically decentralized single-retailer and single-supplier supply chain over a dynamic multi-period planning horizon, subject to multivariate demand function and deteriorating goods with shortages allowed and with no consideration of fixed costs. This research uses a calculus-based formulation coupled with dynamic programming techniques to solve the channel-wide profit maximization under price-only contract and consignment contract respectively. The analysis reveals that the consignment contract can significantly achieve higher channel-wide profit than the price-only contract for the dynamic decentralized channel.

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Buyer–supplier relationship and optimisation model in a dynamic collaborative network with shortages allowed

Cited by 7 publications

References 58 publications

Case Study Research to Foster the Optimization of Supply Chain Management through the PSS Approach

Case Study Research to Foster the Optimization of Supply Chain Management through the PSS Approach

Inventory models for managing deteriorating products: a literature review

Research on Decentralized Supply Chain with Channel-Wide Profit Maximization

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