Pricing and supply priority in a dual-channel supply chain

Xiao, Tiaojun; Shi, Jim

doi:10.1016/j.ejor.2016.04.018

Cited by 139 publications

(45 citation statements)

References 33 publications

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“…Zhu [27] studied a dual-sourcing problem of a firm in the face of supply disruptions from two suppliers: local and overseas, and characterized the optimal dynamic policy that simultaneously determines sourcing decisions to minimize the expected total discounted cost under four different scenarios of disruption source and information availability. Xiao et al [28] studied a manufacturer marketing a product through a dual-channel supply chain, comprised of an online channel and a brick-mortar retail channel. Chao et al [29] invested the joint pricing and inventory replenishment problem for a periodic-review inventory system with random demand and dual suppliers and characterized the firm's optimal policies.…”

Section: Literature Reviewmentioning

confidence: 99%

Optimal Order Policies for Dual-Sourcing Supply Chains under Random Supply Disruption

Yan

Kou

2019

Sustainability

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In this paper, we investigate inventory and order strategies of a two-echelon supply chain, which is composed of two unreliable suppliers that are subject to random disruption. We develop the gross weighted profit benchmark model and the service level constrained model of the supply chain, respectively. We derive the retailer's optimal order quantity and analyze the retailer' optimal order policy and also obtain the analytical closed-form solutions. In addition, some numerical examples are provided to illustrate the effect of disruption time, disruption probability and fill rate on the optimal decisions and expected profit.

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Section: Literature Reviewmentioning

confidence: 99%

Optimal Order Policies for Dual-Sourcing Supply Chains under Random Supply Disruption

Yan

Kou

2019

Sustainability

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“…Lee et al (1997) point supply shortage and channel alignment also importance of information factor meaning demand and supply signal processing. Xiao and Shi (2016) focus on supply and demand and study the strategy of dual channel having potential shortage. All these aspects leads to shortage reduction and are important for traditional and pharmaceutical supply chains.…”

Section: Link Between Business Model and Supply And Demand Shortage Cmentioning

confidence: 99%

Supply and Demand Drug Shortage Causes: Patient-centric Business Model and its Application

Bublienė¹,

Burinskienė²

2019

AJHMS

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In this study, the authors have investigated supply and demand drug shortage causes and highlighted the collaborative business model in solving drug shortages. The aim of this research is to build a collaborative business model helping to investigate how to deal with drug shortages. The authors have included employee and patient relationship into collaborative business model. Following the analysis of the evolution of the term "business model", it is noted that the evolution of the term is closely linked to the development of B2(B2B) (McGlinchey and Toews 2017). In scientific literature there are mentioned more than 50 elements of the concept structure of the business model. In the study authors provided patient-centric business model and selected 9 main structure elements connected to the areas of key resources, key activities, and value system. The study consists of three parts. In the first one, the paper discloses the concept of a business model and the evolution of business models. In the second part, address the importance of links between distribution channel partners to solve drug shortage causes in distribution channel. The legal regulation provided in a good practice of supply of medicine in the chain and the right of the patients were highlighted to access to the goods and services. In the third part, the application of business model scenario in the pharma sector that might guarantee high level of protection of human health is presented. Herein several medical distribution channel scenarios are compared and their influence on drug shortage is presented. The research study is based on time horizon and event tree analysis.

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“…The strategy's growth in popularity is owing to the advantages that have been perceived by the firms adopting it. Such firms include the International Business Machines Corporation, Hewlett-Packard, Whirlpool Corporation, Pioneer Corporation, Hamilton Beach, and Nike (Huang et al, 2012;Zhang and Tian, 2014;Li et al, 2015;Panda et al, 2015;Xiao and Shi, 2016). The advantages of this structure include reducing the facility cost by building an integrated warehouse, reducing warehouse space and inventory required for both channels, increasing the coordinating ability and flexibility of fulfilling both online and offline orders, and increasing the service levels.…”

Section: Introductionmentioning

confidence: 99%

“…Another stream has studied the challenging logistics and processes of fulfilling online orders once they have been placed (De Koster, 2003;Tetteh and Xu, 2014). Research has also been centered on price and service interaction between channels Ryan et al, 2013;Panda et al, 2015;Rodríguez and Aydin, 2015;Liu et al, 2016;Xiao and Shi, 2016;Yan et al, 2016;Giri et al, 2017;Matsui, 2017), and online order fulfillment processes (Agatz et al, 2008;Mahar et al, 2009). Inventory management in dual-channel supply chains has also been explored (Khouja, 2003;Yao et al, 2009;Zhang and Tian, 2014;Zhao et al, 2016).…”

Section: Introductionmentioning

confidence: 99%

Dual-channel warehouse and inventory management with stochastic demand

Alawneh

Zhang

2018

Transportation Research Part E: Logistics and Transportation Re

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This study examines the inventory policy for the emerging dual-channel warehouse, which has a unique structure where the warehouse is divided into two areas: one for fulfilling online orders and the other for storing products and fulfilling offline orders. A multi-item inventory model was developed considering the warehouse capacity constraint, demand, and lead time uncertainty.Solution methods are provided for both uniform and normal distributions. Adopting the proposed inventory policy for a dual warehouse is cost effective and adds flexibility to the warehouse and supply chain. The study also offers managerial insights on some critical issues faced by companies operating in a dual-channel context.

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Pricing and supply priority in a dual-channel supply chain

Cited by 139 publications

References 33 publications

Optimal Order Policies for Dual-Sourcing Supply Chains under Random Supply Disruption

Optimal Order Policies for Dual-Sourcing Supply Chains under Random Supply Disruption

Supply and Demand Drug Shortage Causes: Patient-centric Business Model and its Application

Dual-channel warehouse and inventory management with stochastic demand

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