T value of information sharing and how it could address the bullwhip effect have been the subject of studies in the literature. Most of these studies used different forms of demand models, assuming that no order smoothing was used by the retailer and that the supplier has full knowledge of the retailer’s demand model and order policy. In this paper, we contribute to the literature by starting w...

We study an Inventory Routing Problem in which the supplier has a limited production capacity and the stochastic demand of the retailers is satisfied with procurement of transportation services. The aim is to minimize the total expected cost over a planning horizon, given by the sum of the inventory cost at the supplier, the inventory cost at the retailers, the penalty cost for stock-out at the...

This paper studies government subsidies for green technology adoption while considering the manufacturing industry’s response. Government subsidies offered directly to consumers impact the supplier’s production and pricing decisions. Our analysis expands the current understanding of the price-setting newsvendor model, incorporating the external influence from the government, who is now an addit...

A large fraction of the total electric load is comprised of end-use devices whose energy demand is inherently deferrable in time. Of interest is the potential to leverage on such latent flexibility in demand to absorb variability in power supplied from intermittent renewable generation. The challenge, however, lies in designing incentives to reliably induce the desired response in demand. To th...

Abstract: The one-stage credit policy is a situation that arises, under a permissible delay in payments, when the supplier offers a credit period to the retailer, but the latter does not offer any credit period to his/her customers. However, this type of credit policy is debatable in most business transactions. In reality, the retailer also adopts the credit policy to stimulate his/her own dema...

Presents a study on newsvendor bounds and features a heuristic for optimal policies in serial supply chains. Method of the study; Results and discussion. 19. On the Benefits of Inventory-Pooling in Production-Inventory Systems. Manufacturing & Service Operations Management, Jan2002, Vol. 4 Issue 1, p12, 5p By Kim, Jon-Seok; Benjaafar, Saif. Abstract: Presents a study which examined the benefits...

The purpose of this paper is to find out current supplier development practices employed by different organization. Paper mainly focuses on supplier development, supplier development activities, programs, critical elements and beneficial move by buyer. Importance of relationship development and factors responsible for it long with current gaps in this field is discussed in brief.

Demand patterns for products with short life cycles or seasonal demand do not follow a discernible pattern for individual sales events and seasons due to uncertainty associated with effectiveness of product promotions, willingness of major retailers to carry product and their support, competition, and other unforeseen marketplace events/factors. These atypical demand patterns can be volatile an...

This paper contributes to the supply chain contracts literature in economics and operations by performing qualitative sensitivity analysis of a wholesale price contract in a two-echelon supply chain setting. Ordertheory tools are used to derive sufficient conditions for monotonicity of contract parameters. The upstream supplier is modeled as a Stackelberg leader. The supplier is assumed to have...

When an innovative product is introduced into the market, consumers are often uncertain about the product value. Over time they may learn the value of product. This paper studies the impact of consumer learning on the firms' marketing efforts and revenue sharing strategies in a supply chain that sells an innovative product to consumers over multiple periods. Both the supplier and the retailer c...