Coordinating visit interval and safety stock decisions in a two-level supply chain with shelf-life considerations

Nematollahi, Mohammadreza; Hosseini‐Motlagh, Seyyed‐Mahdi; Cárdenas–Barrón, Leopoldo Eduardo; Tiwari, Sunil

doi:10.1016/j.cor.2021.105651

Cited by 7 publications

(2 citation statements)

References 75 publications

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“…They designed a quantity flexibility contract with standard and expedited lead time to coordinate the channel. Nematollahi et al [32] developed a fair profit sharing strategy for supply chain coordination considering minimum remaining shelf life required by the retailer. Table 1 compares the main related studies in the area of SLPSC coordination models.…”

Section: Literature Reviewmentioning

confidence: 99%

Short lifetime product supply chain coordination and social benefit considering cannibalization effect and market segmentation

2022

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Short lifetime product retailers often face the challenge of cannibalization between new and old products, which can negatively impact their profitability. They attempt to influence consumers’ choices through price differentiation, resulting in internal competition regarding products’ age and price. The pricing decisions affect market demand, sales volume, and as a result, the whole supply chain (SC) profit. This paper coordinates inventory and pricing decisions in a short lifetime product supply chain (SLPSC), considering the cannibalization effect. The investigated SLPSC includes a supplier and a retailer operating in a segmented market. Firstly, the optimal decisions of the SLPSC members are obtained under decentralized and centralized decision-making structures. Then, a new coordination contract named wholesale price and double compensation (WPDC) is designed to motivate the SC members to shift from the decentralized structure to the centralized one. The findings indicate that the coordinated model creates more economic profitability for the whole SLPSC than the decentralized one. Furthermore, the proposed WPDC contract is more beneficial for the SLPSC from a social viewpoint, as it increases consumer surplus. The results also demonstrate that when consumers are more sensitive to the product’s freshness, a price differentiation policy is more profitable than the same pricing.

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Section: Literature Reviewmentioning

confidence: 99%

Short lifetime product supply chain coordination and social benefit considering cannibalization effect and market segmentation

2022

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“…It minimizes lost sales and increases total profit. Nematollahi et al (2022) considered a single safety stock in their models, but practically, a two-stage safety stock is more beneficial. Again, an LT consists of many parts, such as raw material processing time, manufacturing time, and transportation time.…”

Section: Introductionmentioning

confidence: 99%

What should be the best retail strategy to deal with an unequal shipment from an unreliable manufacturer?

Hota,

Sarkar,

Ghosh

et al. 2024

Journal of Retailing and Consumer Services

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Change is safer: a dynamic safety stock model for inventory management of large manufacturing enterprise based on intermittent time series forecasting

Fan,

Song,

Mao

et al. 2024

J Intell Manuf

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Coordinating visit interval and safety stock decisions in a two-level supply chain with shelf-life considerations

Cited by 7 publications

References 75 publications

Short lifetime product supply chain coordination and social benefit considering cannibalization effect and market segmentation

Short lifetime product supply chain coordination and social benefit considering cannibalization effect and market segmentation

What should be the best retail strategy to deal with an unequal shipment from an unreliable manufacturer?

Change is safer: a dynamic safety stock model for inventory management of large manufacturing enterprise based on intermittent time series forecasting

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