OR/MS Models for Supply Chain Disruptions: A Review

Snyder, Lawrence; Atan, Zümbül; Peng, Peng; Rong, Ying; Schmitt, Amanda J.; Sinsoysal, Burcu

doi:10.2139/ssrn.1689882

Cited by 51 publications

(23 citation statements)

References 181 publications

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“…They also propose a coordination mechanism to increase the suppliers' profits. Snyder et al (2012) provides an extensive literature review of OR/OM models for unreliable supply. Shou and Li (2013) study the impact of supply uncertainty in chain-to-chain competition.…”

Section: Literature Reviewmentioning

confidence: 99%

Sell through a local retailer or operate your own store? Channel structure and risk analysis

Niu

Liu

Wang

2016

Journal of the Operational Research Society

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Either a company store or a local retailer can be used to establish a sales channel. For high-value products with an existing competing brand, this choice represents a crucial decision a brand-named manufacturer must make for a new market. Under the burden of high operating costs, a weak local retailer may find it difficult to sustain and using it may hurt the manufacturer’s chance to successfully establish the channel. We consider a chain-to-chain competition model comprising two manufacturers and two retailers, in which one retailer may be unable to continue its operation because of high financing costs. We identify a threshold policy for the manufacturers to select the channel structure. Interestingly, we find that channel integration is not always better. Without the consideration of contract termination risk, the manufacturer will bear the operating expenses when its opportunity cost is low or the retailer’s financing cost is sufficiently high. In equilibrium, the manufacturers will choose either (decentralized, decentralized) or (integrated, integrated) channel structure. However, when the termination risk is considered, the equilibrium channel structure would be more likely (integrated, integrated) or (integrated, decentralized)

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Section: Literature Reviewmentioning

confidence: 99%

Sell through a local retailer or operate your own store? Channel structure and risk analysis

Niu

Liu

Wang

2016

Journal of the Operational Research Society

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“…Readers may further refer to Tang and Musa [29], Snyder et al [26] and Sodhi et al [25] for surveys on the research developments in various domains in the field of supply chain risk management, and to Wu et al [37] and Wu and Olson [40] for the introduction and survey on broader enterprise risk management.…”

Section: Literature Reviewmentioning

confidence: 99%

“…We refer interested readers to Snyder et al [26] for a comprehensive review of the literature on managing supply chain disruptions. A representative study in this field is carried out by Tomlin [32], who systematically compares different risk-mitigation strategies, such as inventory mitigation (in which firms hold extra inventory to protect against supply disruptions), contingent rerouting (such that firms use reliable but more expensive suppliers as backups, and order from them when unreliable suppliers are disrupted), and sourcing mitigation (ordering from reliable but more expensive suppliers), and proposes optimal mitigation strategies under different scenarios.…”

Section: Introductionmentioning

confidence: 99%

Supply chain risk mitigations with expedited shipping

Lee

2015

Omega

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“…A very recent article [11] summarizes this literature by organizing it into six categories: evaluating disruptions; strategic decisions; sourcing decisions; contracts and incentives; inventory; and facility location. The literature on inventory mitigation is also reviewed in [1].…”

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confidence: 99%

“…Disruptions can happen due to many different reasons like natural disasters and transportation problems [11]. In this paper, we do not make any assumptions regarding their type but we assume that disruptions halt the transportation process between the retailer and its supplier.…”

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confidence: 99%

Inventory optimization for perishables subject to supply disruptions

Atan

Rousseau

2015

Optim Lett

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We study a retailer selling perishable products with fixed lifetime. The retailer's supply system is subject to random disruptions. Assuming a base-stock policy, deterministic demand and stationary cost parameters, we determine the expression for the optimal base-stock level. We show that if the retailer manages to make the system safer, it is possible to operate with the same expected cost even with products with shorter lifetimes. We conclude that the retailer should concentrate on reducing disruptions' durations instead of their occurrence rate.

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OR/MS Models for Supply Chain Disruptions: A Review

Cited by 51 publications

References 181 publications

Sell through a local retailer or operate your own store? Channel structure and risk analysis

Sell through a local retailer or operate your own store? Channel structure and risk analysis

Supply chain risk mitigations with expedited shipping

Inventory optimization for perishables subject to supply disruptions

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