A single-manufacturer multi-buyer supply chain inventory model with controllable lead time and price-sensitive demand

Giri, Bibhas C.; Roy, B.

doi:10.1080/21681015.2015.1086442

Cited by 10 publications

(4 citation statements)

References 44 publications

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“…They obtained total cost lower than Pan and Yang's [40] model. Further extensions can be found in Giri and Roy [11], Jha and Shanker [20], Mandal and Giri [31] who studied the effects of lead time reduction in single-vendor multi-buyer supply chain system; Yang and Pan [49], Wu et al [48], Ouyang et al [39], Sarkar and Giri [41], who included quality considerations in the model formulation; Jha and Shanker [19], Y. Li et al [27], and G. Li et al [28] who considered service level constraint with lead time reduction.…”

Section: Literature Reviewmentioning

confidence: 93%

Optimal ordering policy in a two-echelon supply chain model with variable backorder and demand uncertainty

Sarkar

Giri

2021

RAIRO-Oper. Res.

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The paper investigates a two-echelon production-delivery supply chain model for products with stochastic demand and backorder-lost sales mixture under trade-credit financing. The manufacturer delivers the retailer's order quantity in a number of equal-sized shipments. The replenishment lead-time is such that it can be crashed to a minimum duration at an additional cost that can be treated as an investment. Shortages in the retailer's inventory are allowed to occur and are partially backlogged with a backlogging rate dependent on customer's waiting time. Moreover, the manufacturer offers the retailer a credit period which is less than the reorder interval. The model is formulated to find the optimal solutions for order quantity, safety factor, lead time, and the number of shipments from the manufacturer to the retailer in light of both distribution-free and known distribution functions. Two solution algorithms are provided to obtain the optimal decisions for the integrated system. The effects of controllable lead time, backorder rate and trade-credit financing on optimal decisions are illustrated through numerical examples.

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Section: Literature Reviewmentioning

confidence: 93%

Optimal ordering policy in a two-echelon supply chain model with variable backorder and demand uncertainty

Sarkar

Giri

2021

RAIRO-Oper. Res.

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“…In this model, the demand and lead time are determined using neuro-fuzzy computations. This method reveals the real results [17].…”

mentioning

confidence: 88%

“…Optimization is obtained by maximizing the total expected profit of the supply chain, including the profit of buyers, producer, and then the profit function of the entire system. Then using two integrated models, which both are divided into normal distribution and free-distribution, and gaming approach, the reduced lead time negligibly affects the selling price of the product but it increases the profit of the supply chain system [17].…”

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confidence: 99%

Investigating the Impact of Supply Chain Management and Marketing Strategies on Organizational Performance

Behzad

Seyyedvalilou

2019

JEMT

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Today, with the growth and development of marketing methods, their impact on the business environment cannot be ignored. The use of marketing and supply chain management enables organizations to succeed in creation of a greater value for customers and other interested people. Accordingly, after determining the objectives, variables and factors of designing the corresponding measurement tool(s), preliminary field studies and validation of the data measurement tool(s), preparation of the final questionnaire and its distribution among the relevant experts, according to the number of the statistical population which is equal to 1000, 390 samples were selected using Cochran method. Structural equations have been used in the field of statistical analysis results of the research questions and the PLS statistical software was selected. After investigation of the data, a significant positive relationship was found between the variables, the model had a good fit, and finally, the developed model was approved.

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“…Sometimes, it is better to reduce the length of lead times by optimizing additional costs (Li et al [19]). Manufacturers or vendors often emphasize controlling delivery lead times and minimizing costs to efficiently handle a SC (Vijayashree and Uthayakumar [20], Giri and Roy [21]). Length of lead times includes production time, startup time, and shipping time, which can be crashed in a total length of lead times (Glock [22]).…”

Section: Sc Network Considering Lead Time or Delivery Timementioning

confidence: 99%

Coordination in the supply chain considering total lead times and delivery times

Mirnourollahi

Rabbani

2022

Scientia Iranica

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This study considers a two-echelon supply chain (SC) consisting of a single vendor and a single buyer by reducing delivery time. This paper examines delivery time optimization as an essential component of lead times. The length of delivery time and production time are studied simultaneously. The delivery time as a decision variable is considered in the proposed model.Reducing delivery time is considered a vital incentive factor in encouraging the buyer to participate in the coordinated model to guarantee profitability. A suggested mathematical model consisting of the profit functions of both participants (i.e., vendor and buyer) are investigated under two decision-making scenarios: the decentralized decision structure and coordinated decision structure.The analyses show that our proposed model ensures better performance for both participants and makes the whole process more profitable by an adequate sharing of risks between two participants.In other words, under the coordinated model, decreasing the delivery time and buyer's shortage costs and increasing the order quantity leads to an increase in the profit of the vendor and buyer.

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A single-manufacturer multi-buyer supply chain inventory model with controllable lead time and price-sensitive demand

Cited by 10 publications

References 44 publications

Optimal ordering policy in a two-echelon supply chain model with variable backorder and demand uncertainty

Optimal ordering policy in a two-echelon supply chain model with variable backorder and demand uncertainty

Investigating the Impact of Supply Chain Management and Marketing Strategies on Organizational Performance

Coordination in the supply chain considering total lead times and delivery times

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