W study the demand forecast-sharing process between a buyer of customized production equipment and a set of equipment suppliers. Based on a large data collection we undertook in the semiconductor equipment supply chain, we empirically investigate the relationship between the buyer’s forecasting behavior and the supplier’s delivery performance. The buyer’s forecasting behavior is characterized b...

Abstract: Inventory control systems development is one of the most appealing issues of the supply chain management which have recently been studied by academicians and practitioners. In this paper, an inventory management framework and deterministic cost models within the context of this framework are structured for effective supply chain (SC) in an agile environment. To do so, we propose a thr...

This study considers a combination of cross-docking and vehicle routing problem (VRP) approachesto transport raw material and parts in a supply chain. The supply chain is composed of some supplierswhich are spread in different geographical zones and multiple shared vehicles with different speedsand capacities for transporting orders from the suppliers to a manufacturer. After ...

In this paper we adopt the common cycle approach to economic lot scheduling problem and minimize the maximum aggregate inventory. We allow the occurrence of the idle times between any two consecutive products and consider limited capital for investment in inventory. We assume the setup times are negligible. To achieve the optimal investment in inventory we first find the idle times which minimi...

This paper considers a multiple-supplier, single manufacturer assembly supply chain where the suppliers produce components of a short life-cycle product which is assembled by the manufacturer. In this single-period problem the suppliers determine their production quantities and the manufacturer chooses the retail price. We assume that the manufacturer faces a random pricedependent demand in eit...

One of the main research issues in supply chain management is to improve the global efficiency of supply chains. However, the improvement efforts often fail because supply chains are complex, are subject to frequent changes, and collaboration and information sharing in the supply chains are often infeasible. This paper presents a practical collaboration framework for supply chain management whe...

(Please do not quote without permission) 7 th ANNUAL INTERNATIONAL CONFERENCE ON REAL OPTIONS of Economics are duly noted and appreciated. ABSTRACT A common theme in the studies of flexible supply contracts has been the producer's profit maximization problem without regard for the suppliers' reactions to the producer's operating policies. However, suppliers do react and protect their downside a...

This paper considers a monopolistic manufacturer that makes supplier selection and ordering decisions in a setting in which suppliers are unreliable. We find that the manufacturer’s optimal decision to diversify orders across multiple suppliers might not only arise as a result of managing supply risk, but it could also be due to the concavity of the manufacturer’s revenue function or due to the...

E-procurement transactions in Business to Business (B2B) environment showed a constant and positive trend in the last years. The most popular methodologies to support these tools are all related to dedicated protocols able to facilitate the agreements among customers and suppliers. This chapter proposes a Multi Agent Architecture integrated with several multi-attribute auction mechanisms specif...

During recent years, increasing specialisation and complex market structures have made companies divide their purchasing functions into several organisational units to cope with increasingly diversified demands on linking the internal operations within the firm with operations at their suppliers. In this paper, we focus on organising of the purchasing function as an interface between internal a...