Study on an Advance Order Tactic in a Two-Echelon Supply Chain

被引:1
作者
Cai Jian-hu [1 ]
Wang Li-ping [1 ]
Shao Zu-feng [2 ]
机构
[1] Zhejiang Univ Technol, Coll Business & Adm, Hangzhou, Zhejiang, Peoples R China
[2] Hubei Univ Police, Public Secur Management Dept, Wuhan, Peoples R China
来源
MINES 2009: FIRST INTERNATIONAL CONFERENCE ON MULTIMEDIA INFORMATION NETWORKING AND SECURITY, VOL 1, PROCEEDINGS | 2009年
基金
中国国家自然科学基金;
关键词
supply chain; VMI; newsvendor model; advance order; COORDINATION; CONTRACTS;
D O I
10.1109/MINES.2009.158
中图分类号
TP3 [计算技术、计算机技术];
学科分类号
0812 ;
摘要
With the development of the information and internet technology, Vendor-Managed-inventory (VMI) has been adopted by more and more companies. In this paper, a two-echelon supply chain inventory decision model is discussed. The products are perishable and sold over a single selling season. First a VMI model is constructed, and the supply chain members' optimal decisions are gained. Under VMI, the supplier takes charge of all inventory decisions and bears all inventory risk. Now an advance order tactic is introduced, under which the supplier gives the retailer a chance to place an advance order before the selling season. There are two wholesale prices after introducing the advance order tactic, and the retailer's optimal advance order quantities are different under different wholesale prices. The supply chain is coordinated by adjusting two wholesale prices. All our findings are illustrated by a numerical example.
引用
收藏
页码:613 / +
页数:2
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