Inventory control in a two-echelon dual-channel supply chain with setup of production and delivery

Takahashi, Katsuhiko; Aoi, Takahiko; Hirotani, Daisuke; Morikawa, Katsumi

doi:10.1016/j.ijpe.2010.04.019

Cited by 91 publications

(43 citation statements)

References 18 publications

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“…Using different channel price, the wholesale price change can coordinate supply chain under strategy combination (R, I), (RD, I) and (R, D), can't coordinate (R, RD) and (RD, D), and can coordinate (RD, RD) with certain parameters restrictions. (4). Using same channel price, the wholesale price change can coordinate (r, r), can't coordinate (rd, d) and (rd, rd), and can coordinate (r, rd) if system parameters satisfy certain conditions.…”

Section: Resultsmentioning

confidence: 99%

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Price competition and equilibrium analysis in multiple hybrid channel supply chain

Guihua

Ai-hu

Jiang

2017

IOP Conf. Ser.: Mater. Sci. Eng.

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Abstract. The amazing boom of Internet and logistics industry prompts more and more enterprises to sell commodity through multiple channels. Such market conditions make the participants of multiple hybrid channel supply chain compete each other in traditional and direct channel at the same time. This paper builds a two-echelon supply chain model with a single manufacturer and a single retailer who both can choose different channel or channel combination for their own sales, then, discusses the price competition and calculates the equilibrium price under different sales channel selection combinations. Our analysis shows that no matter the manufacturer and retailer choose same or different channel price to compete, the equilibrium price does not necessarily exist the equilibrium price in the multiple hybrid channel supply chain and wholesale price change is not always able to coordinate supply chain completely. We also present the sufficient and necessary conditions for the existence of equilibrium price and coordination wholesale price. IntroductionWith the rapid development of information technology, human way of life and work has been changed completely. Using Internet, consumers can search, compare and get plenty of information about the goods they want to buy conveniently and economically without restrictions of time, space, weather, etc. On the other hand, the improvement in the efficiency of merchandise delivery provided by the third-party logistics enterprises such as Federal Express and UPS makes merchants have the ability to deliver their products to customers quickly but not costly. The combination of traditional business model with information technology and logistics industry promotes the emergence and development of e-commerce and makes it no longer be a novelty.The shortening of the length and the reduction of the intermediate links number of supply chain caused by online shopping reduce the price of products and benefit the customers. Meanwhile direct sale online makes enterprises more close to their customers and can obtain more accurate information for production operations management. Sale and purchasing through network became more and more popular and changed both enterprises' sales model and consumers' consumption patterns significantly. When electronic channel has become a critical selling and buying channel, manufacturers who sold only with the help of traditional retailers began to sell products to end customers directly via Internet. Such as IBM, Hewlett-Packard, Nike, Pioneer Electronics, Mattel, Estee Lauder and Cisco Systems, many prominent manufacturers had adopted primarily direct marketing techniques to sell their

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Section: Resultsmentioning

confidence: 99%

“…Consequently, customers have alternatives to choose the channel that is better suited for their needs to purchase [4]. Multiple hybrid channel distribution also enables enterprises to access different customer segments and create a potential for larger demand and market share, but it does not come without complications.…”

Section: Introductionmentioning

confidence: 99%

Price competition and equilibrium analysis in multiple hybrid channel supply chain

Guihua

Ai-hu

Jiang

2017

IOP Conf. Ser.: Mater. Sci. Eng.

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“…They designed a combination mechanism of shared inventory holding costs and direct channel revenue to achieve coordination. Takahashi et al (2011) found that production and delivery arrangement inventory strategy can without any increase in inventory at the same time effectively reduce the production and delivery times, it is very effective for the operation of short life cycle products. Comez et al (2012) researched with multiple rival retailers' transport problems, the specific constraints is obtained under the condition of the optimal transfer capacity and its supplementary measures.…”

Section: Horizontal Coordinationmentioning

confidence: 99%

A Literature Review on Supply Chain Contracts Selection and Coordination under Competing Multi Manufacturers

Liu¹,

Xu²,

Xu³

2015

IJBM

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The paper based on the supply chain which under competing multi manufacturers as the research object, reviews the research of supply chain contracts selection and coordination. By reviewing the relevant, summarizes the various methods of supply chain competition, supply chain contracts and supply chain coordination. The results have guiding significance for supply chain coordination under competing multi manufacturers and improvement of supply chains performance. The paper also researches the direction of future development in this domain. The future of multiple manufacturers under the competition of supply chain contract selection and coordination problems research will further according to the practical problems, using the game theory, optimization theory, the theory of system simulation method, building a decision model and method system, to promote the development of the theory of supply chain management, and to guide the practice of supply chain management has important practical value.

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“…One algorithm was based on the simulated annealing method, and the other algorithm was based on the best neighborhood concept. Takahashi et al (2011) considered setup costs for both order production and order delivery. They proposed an inventory control strategy with the objective of minimizing inventory holding costs, lost sales costs, as well as production and delivery costs.…”

Section: Inventory Management In Dual-channel Supply Chainsmentioning

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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Inventory control in a two-echelon dual-channel supply chain with setup of production and delivery

Cited by 91 publications

References 18 publications

Price competition and equilibrium analysis in multiple hybrid channel supply chain

Price competition and equilibrium analysis in multiple hybrid channel supply chain

A Literature Review on Supply Chain Contracts Selection and Coordination under Competing Multi Manufacturers

Dual-channel warehouse and inventory management with stochastic demand

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