A Comparison Study: Identifying the Best Partnership for Your Supply Chain
نویسندگان
چکیده
Consider a manufacturer that sells goods to a retailer. When each party makes independent decisions, one party’s replenishment quantity may not be preferred by the other. Coordinated decision making, however, can help achieve system-wide optimality. It may reduce the need for inventories and lower the shipping costs, or enable improved utilization of resources at the manufacturer. Here, we present the characteristics of various partnerships used for coordinated decision making. Through comparison, we show that system-wide cost savings can be realized with the right partnership.
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