Inventory models with lateral transshipments: A review

Paterson, Colin; Kiesmüller, Gudrun P.; Teunter, Ruud H.; Glazebrook, K. D.

doi:10.1016/j.ejor.2010.05.048

Cited by 364 publications

(175 citation statements)

References 93 publications

(111 reference statements)

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“…Also Guide Jr. and Srivastava (1997) and Kennedy et al (2002) provide a literature overview on spare part inventories and issues surrounding them such as emergency procedures (Alfredsson and Verrijdt, 1999;Song and Zipkin, 2009), lateral transshipments (Paterson et al, 2010), interaction with finite repair capacity (Sleptchenko et al, 2005), interaction with maintenance policies and obsolescence.…”

Section: Inventory Control Literaturementioning

confidence: 99%

Maintenance spare parts planning and control: a framework for control and agenda for future research

Driessen

Arts

Houtum

et al. 2014

Production Planning & Control

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. (2010). Maintenance spare parts planning and control : a framework for control and agenda for future research. (BETA publicatie : working papers; Vol. 325). Eindhoven: Technische Universiteit Eindhoven. General rightsCopyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights.• Users may download and print one copy of any publication from the public portal for the purpose of private study or research.• You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal ? Take down policyIf you believe that this document breaches copyright please contact us providing details, and we will remove access to the work immediately and investigate your claim. Abstract This paper presents a framework for planning and control of the spare parts supply chain in organizations that use and maintain high-value capital assets. Decisions in the framework are decomposed hierarchically and interfaces are described. We provide relevant literature to aid decision making and identify open research topics. The framework can be used to increase the efficiency, consistency and sustainability of decisions on how to plan and control a spare parts supply chain. Applicability of the framework in different environments is investigated.

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Section: Inventory Control Literaturementioning

confidence: 99%

Maintenance spare parts planning and control: a framework for control and agenda for future research

Driessen

Arts

Houtum

et al. 2014

Production Planning & Control

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show abstract

“…For a review of research on lateral transshipments and its classifications we refer to Paterson et al (2011). An overview on supply chain coordination with contracts is given in Cachon (2003).…”

Section: Literaturementioning

confidence: 99%

Risk pooling via unidirectional inventory transshipments in a decentralized supply chain

Arıkan

Silbermayr

2017

International Journal of Production Research

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We study risk pooling via unidirectional lateral transshipments between two locations under local decision-making. Unidirectional transshipments can be applicable when cost structures and/or capabilities differ between locations, and it is also a common practice in dual channel supply chains with online and offline sales channels. We show that such a system cannot be coordinated only with varying transshipment prices. The transshipment receiver orders more and the transshipment giver orders less than the respective optimal centralised order quantities. In order to remove this discrepancy, we suggest horizontal coordination mechanisms by introducing a leftover subsidy for the location providing the transshipments or a shortage subsidy for the location receiving transshipments as well as a combination of shortage and leftover subsidy. Further, we evaluate the impact of network structure by comparing the equilibrium order quantities and profits under the uni-and bidirectional systems as well as a system without transshipments. Since demand correlation is a critical aspect in risk pooling we provide a detailed numerical study to discuss its impact on our findings.

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“…Liang et al [12] studied the optimal transshipment strategy for a firm which owned two retail stores, and analysed the impacts of transshipment and demand distribution shapes on the optimal transshipment strategy. Paterson et al [13] reviewed the research on transshipment in the one-echelon supply chain.…”

Section: Literature Reviewmentioning

confidence: 99%

Cooperative Inventory Strategy in a Dual-Channel Supply Chain with Transshipment Consideration

Yang¹,

Zhang²,

Zhang³

2016

Int. j. simul. model.

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Aimed at the possibility of stock-out of the traditional retail channel under stochastic demand in a dual-channel supply chain, we propose a cooperative inventory strategy, in which the excess demand of the traditional retail channel is complemented by the excess inventory of the manufacturer's direct channel through transshipment. We establish a newsboy model to analyse each supply chain member's order quantity decision making process, and prove the unique existence of pure-strategy Nash equilibrium under the uncooperative inventory strategy and the cooperative inventory strategy. We go on to discuss the impacts of the wholesale price, the channel substitution rate and the transshipment cost on optimal order quantities under each inventory strategy. Numerical simulation shows that when values of the wholesale price and the transshipment price satisfy certain conditions, the cooperative inventory strategy can not only lead to an increased supply chain profit but also achieve Pareto improvements of both the manufacturer and the retailer.

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Inventory models with lateral transshipments: A review

Cited by 364 publications

References 93 publications

Maintenance spare parts planning and control: a framework for control and agenda for future research

Maintenance spare parts planning and control: a framework for control and agenda for future research

Risk pooling via unidirectional inventory transshipments in a decentralized supply chain

Cooperative Inventory Strategy in a Dual-Channel Supply Chain with Transshipment Consideration

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