The Importance of Supplier Evaluation in Short Supply Chains

Vulnerable Options in Supply Chains: Effects of Supplier Competition

This paper presents valuation of inventory-reorder options in a competitive environment with defaultable suppliers. Analysis of a single period model of a supply chain with two suppliers, a retailer, and exogenous sources of defaults, leads to a number of surprising observation on the effects of the supplier credit risk and competition on the value of the deferment option, retailer’s procuremen...

Supplier-manufacturer coordination in capacitated two-stage supply chains

Manufacture-to-order is an increasingly popular strategy in commodity electronics and other similar markets where many different product configurations can be produced from common components. To succeed in this environment, manufacturers need to keep both cost and order fulfillment time low. In this article, we compare three different mechanisms that a manufacturer, whose revenues depend on ord...

Automated Reasoning for Supplier Performance Appraisal in Supply Chains

Supplier Selection Criteria and Methods in Supply Chains: A Review

An effective supplier selection process is very important to the success of any manufacturing organization. The main objective of supplier selection process is to reduce purchase risk, maximize overall value to the purchaser, and develop closeness and long-term relationships between buyers and suppliers in today’s competitive industrial scenario. The literature on supplier selection criteria an...

The Strategic Importance of E-Commerce in Modern Supply Chains

Considering some aspects of the motor industry as an example, this paper outlines strategic opportunities for e-commerce-enabled supply chains and, hence, greatly improved responses to customers. The authors demonstrate that there will be resulting strategic advantage for firms that become enabled to take a further step of making changes to their much wider manufacturing process philosophies. T...