870
Views
23
CrossRef citations to date
0
Altmetric
Articles

How does pricing power affect a firm’s sourcing decisions from unreliable suppliers?

, &
Pages 6990-7005 | Published online: 05 Nov 2013

References

  • Agrawal, N., and S.Nahmias. 1997. “Rationalization of the Supplier Base in the Presence of Yield Uncertainty.” Production and Operations Management6 (3): 291–308.
  • Anupindi, R., and R.Akella. 1993. “Diversification Under Supply Uncertainty.” Management Science39 (8): 944–963.
  • Babich, V., A. N.Burnetas, and P. H.Ritchken. 2007. “Competition and Diversification Effects in Supply Chains with Supplier Default Risk.” Manufacturing & Service Operations Management9 (2): 123–146.
  • Bish, E. K., and Q.Wang. 2004. “Optimal Investment Strategies for Flexible Resources, Considering Pricing and Correlated Demands.” Operations Research52 (6): 954–964.
  • Burke, G. J., J. E.Carrillo, and A. J.Vakharia. 2009. “Sourcing Decisions with Stochastic Supplier Reliability and Stochastic Demand.” Production and Operations Management18 (4): 475–484.
  • Chod, J., and N.Rudi. 2005. “Resource Flexibility with Responsive Pricing.” Operations Research53 (3): 532–548.
  • Chopra, S., G.Reinhardt, and M.Dada. 2004. “The Effect of Lead Time Uncertainty on Safety Stocks.” Decision Sciences35 (1): 1–24.
  • Ciarallo, F. W., R.Akella, and T. E.Morton. 1994. “A Periodic Review Production Planning Model with Uncertain Capacity and Uncertain Demand-Optimality of Extended Myopic Policies.” Management Science40 (3): 320–332.
  • Dada, M., N.Petruzzi, and L. B.Schwarz. 2007. “A Newsvendor’s Procurement Problem When Suppliers are Unreliable.” Manufacturing & Service Operations Management9 (1): 9–32.
  • Dawson, C., and Y.Takahashi. 2011. “Toyota Signals a Bleak Year.” Wall Street Journal, April 23.
  • Dawson, Chester2011. “Quake Still Rattles Suppliers.” Wall Street Journal, September 29.
  • Dolgui, A., and C.Prodhon. 2007. “Supply Planning Under Uncertainties in mrp Environments: A State of the Art.” Annual Reviews in Control31 (2): 269–279.
  • Federgruen, A., and N.Yang. 2009. “Optimal Supply Diversification Under General Supply Risks.” Operations Research57 (6): 1451–1468.
  • Feng, Q.2010. “Integrating Dynamic Pricing and Replenishment Decisions Under Supply Capacity Uncertainty.” Management Science56 (12): 2154–2172.
  • Feng, Q., and R.Shi. 2012. “Sourcing from Multiple Suppliers for Price-dependent Demands.” Production and Operations Management21 (3): 547–563.
  • Gerchak, Y., and M.Parlar. 1990. “Yield Variability, Cost Tradeoffs and Diversification in the EOQ Model.” Naval Research Logistics37 (5): 341–354.
  • Grosfeld-Nir, A., and Y.Gerchak. 2004. “Multiple Lotsizing in Production to Order with Random yields: Review of Recent Advances.” Annals of Operations Research126: 43–69.
  • Kazaz, B.2004. “Production Planning Under Yield and Demand Uncertainty with Yield-dependent Cost and Price.” Manufacturing & Service Operations Management6 (3): 209–224.
  • Kouvelis, P., and J.Li. 2012. “Contingency Strategies in Managing Supply Systems with Uncertain Lead-times.” Production and Operations Management21 (1): 161–176.
  • Li, Q., and S.Zheng. 2006. “Joint Inventory Replenishment and Pricing Control for Systems with Uncertain Yield and Demand.” Operations Research54 (4): 696–705.
  • Li, T., S. P.Sethi, and J.Zhang. 2013. “Supply Diversification with Responsive Pricing.” Production and Operations Management22 (2): 447–458.
  • Mills, E. S.1959. “Uncertainty and Price Theory.” Quarterly Journal of Economics73 (1): 116–130.
  • Mills, E. S.1962. Price, Output and Inventory Policy. New York: John Wiley.
  • Nahmias, S.1979. “Simple Approximations for a Variety of Dynamic Leadtime Lost-sales Inventory Models.” Operations Research27 (5): 904–924.
  • Ould Louly, M.-A., and A.Dolgui. 2002. “Generalized Newsboy Model to Compute the Optimal Planned Lead Times in Assembly Systems.” International Journal of Production Research40 (17): 4401–4414.
  • Ould Louly, M.-A., and A.Dolgui. 2009. “Calculating Safety Stocks for Assembly Systems with Random Component Procurement Lead Times: A Branch and Bound Algorithm.” European Journal of Operational Research199 (3): 723–731.
  • Parlar, M., and D.Wang. 1993. “Diversification Under Yield Randomness in Two Simple Inventory Models.” European Journal of Operational Research66 (1): 52–64.
  • Petruzzi, N., and M.Dada. 1999. “Pricing and the Newsvendor Problem: A Review with Extensions.” Operations Research47 (2): 183–194.
  • Porteus, E. L.1990. “Stochastic Inventory Theory.” In Stochastic Models, edited by D. P.Heyman and M. J.Sobel, 605–652. Amsterdam: North Holland.
  • Ramasesh, R., J. K.Ord, J. C.Hayya, and A.Pan. 1991. “Sole Versus Dual Sourcing in Stochastic Leadtime (s, Q) Inventory Models.” Management Science37 (4): 428–443.
  • Shaked, M., and J. G.Shanthikumar. 2007. Stochastic Orders. New York: Springer.
  • Song, J. S., and P.Zipkin. 1996. “Inventory Control with Information About Supply Conditions.” Management Science42 (10): 1409–1419.
  • Swaminathan, J. M., and J. G.Shanthikumar. 1999. “Supplier Diversification: Effect of Discrete Demand.” Operations Research Letters24 (5): 213–221.
  • Tang, C. S., and R.Yin. 2007. “Responsive Pricing Under Supply Uncertainty.” European Journal of Operational Research182 (1): 239–255.
  • Tomlin, B.2006. “On the Value of Mitigation and Contingency Strategies for Managing Supply Chain Disruption Risks.” Management Science52 (5): 639–657.
  • Tomlin, B.2009. “Impact of Supply Learning When Suppliers are Unreliable.” Manufacturing & Service Operations Management11 (2): 192–209.
  • Tomlin, B., and Y.Wang. 2005. “On the Value of Mix Flexibility and Dual Sourcing in Unreliable Newsvendor Networks.” Manufacturing & Service Operations Management7 (1): 37–57.
  • Tomlin, B., and Y.Wang. 2008. “Pricing and Operational Recourse in Coproduction Systems.” Management Science54 (3): 522–537.
  • Tomlin, B. T., and L. V.Snyder. 2007. “On the Value of a Threat Advisory System for Managing Supply Chain Disruptions.” Working Paper, University of North Carolina-Chapel Hill.
  • VanMieghem, J. A., and M.Dada. 1999. “Price Versus Production Postponement: Capacity and Competition.” Management Science45 (12): 1631–1649.
  • Wang, Y., W.Gilland, and B.Tomlin. 2010. “Mitigating Supply Risk: Dual Sourcing or Process Improvement.” Manufacturing & Service Operations Management12 (3): 489–510.
  • Whitin, T. M.1955. “Inventory Control and Price Theory.” Management Science2 (1): 61–68.
  • Wolfstetter, E.1999. Topics in Microeconomics: Industrial Organizations, Auctions, and Incentives. Cambridge: Cambridge University Press.
  • Yano, C. A., and H. L.Lee. 1995. “Lot Sizing with Random yields: A Review.” Operations Research43 (2): 311–334.
  • Zhang, J.2005. “Transshipment and its Impact on Supply Chain Members’ Performance.” Management Science51 (10): 1534–1539.
  • Zipkin, P.1986. “Stochastic Leadtimes in Continuous-time Inventory Models.” Naval Research Logistics33: 763–774.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.