An integrated vendor–buyer inventory model with quality improvement and lead time reduction

Ouyang, Liang–Yuh; Wu, Kun‐Shan; Ho, Chia-Huei

doi:10.1016/j.ijpe.2006.12.019

Cited by 119 publications

(66 citation statements)

References 22 publications

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“…Supply chain actors need to focus on the reduction of lead time to improve the performance of the demand chain [96]. The reduction of lead time also received much attention as an important supply chain decision variable leveraged by dual-sourcing and inventory models such as Just-in-time (JIT) strategy [97]. Amongst the studies reviewed in this article, 35% of the papers considered it as a significant criterion for S&OP and SC integration.…”

Section: Reduced Lead Timementioning

confidence: 99%

The Integration of Extended Supply Chain with Sales and Operation Planning: A Conceptual Framework

Rokonuzzaman

2018

Logistics

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This research is an effort to present the emergence of ways to enable marketers to attain high sensitivity and visibility in the supply chain network. It also aims to facilitate better multi-criteria decisions throughout the extended supply chain. It is a qualitative study considering 31 published research articles related to supply chain integration, sales and operation planning, and the use of information systems. With a focus on narrative data, a purposive sampling technique was used to select the papers for review and to produce the results of this study. The findings of this research indicate that the sales and operation planning (S&OP) processes and the key operations in the supply chain network need to be fully integrated. The findings also indicate that information system resources are the key enabler of S&OP and supply chain integration. To be specific, this research is an exercise in theorizing a conceptual framework for optimally confronting the emerging challenges and opportunities regarding an extended supply chain and is intended to bring the proficiency of multi-criteria decisions and actions in the entire supply chain network.

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Section: Reduced Lead Timementioning

confidence: 99%

The Integration of Extended Supply Chain with Sales and Operation Planning: A Conceptual Framework

Rokonuzzaman

2018

Logistics

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“…Researches [28][29][30][31][32] in this line, most often addressed on the benefits of lead-time reduction where the quality-related issues are not taken into account. Ouyang et al [33] has developed an integrated inventory model which jointly determines the optimal order quantity, reorder point, process quality, lead time and the frequency of deliveries simultaneously. In these studies the machine breakdown and commonality related issues are not considered.…”

Section: Literature Reviewmentioning

confidence: 99%

Effects of process commonalities in production system under various uncertain factors

Wazed

Ahmed

Nukman

2009

2009 International Conference for Technical Postgraduates (TECHPOS)

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Abstract-In this paper, the authors studied the effects of process commonality and uncertain factors (viz. lead time, machine breakdown etc.) on deliverable parameters of a multi product, multi-period and multistage production system. The throughput of finished products and average production time of the system are examined. Simulation models are developed, verified and validated with the historical data from a company. Simulation package, namely WITNESS is used for this research. Analyses show that enclosure of common process in manufacturing system is always beneficial over the noncommonality environment, especially i) in uncertain situations, ii) for long procurement lead time of components and iii) when the number of parts increase in the system. The combination of uncertain factors has more impact on outcomes (throughput and average production time) compared to the individual factor.

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“…Its management can prevent the stock out, reduce the safety stock, improves the customer service level and the competitive advantage of business (Ouyang et al, 2007). Reducing the lead time usually causes an added cost namely the crashing cost.…”

Section: Introductionmentioning

confidence: 99%

The Implementation of Vendor Managed Inventory In the Supply Chain with Simple Probabilistic Inventory Model

Anna

2016

MATEC Web of Conferences

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Numerous studies show that the implementation of Vendor Managed Inventory (VMI) benefits all members of the supply chain. This research develops model to prove the benefits obtained from implementing VMI to supplier-buyer partnership analytically. The model considers a two-level supply chain which consists of a single supplier and a single buyer. The analytical model is developed to supply chain inventory with probabilistic demand which follows normal distribution. The model also incorporates lead time as a decision variable and investigates the impacts of inventory management before and after the implementation of the VMI. The result shows that the analytical model has the ability to reduce the supply chain expected cost, improve the service level and increase the inventory replenishment. Numerical examples are given to prove them.

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An integrated vendor–buyer inventory model with quality improvement and lead time reduction

Cited by 119 publications

References 22 publications

The Integration of Extended Supply Chain with Sales and Operation Planning: A Conceptual Framework

The Integration of Extended Supply Chain with Sales and Operation Planning: A Conceptual Framework

Effects of process commonalities in production system under various uncertain factors

The Implementation of Vendor Managed Inventory In the Supply Chain with Simple Probabilistic Inventory Model

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