266
Views
4
CrossRef citations to date
0
Altmetric
Original Articles

A pragmatic decision model for inventory management with heterogeneous suppliers

, , &
Pages 603-619 | Received 15 Oct 2016, Accepted 22 Jan 2018, Published online: 30 Jan 2018

References

  • Abginehchi, S., R. Z. Farahani, and S. Rezapour. 2013. “A Mathematical Model for Order Splitting in A Multiple Supplier Single-Item Inventory System.” Journal of Manufacturing Systems 32 (1): 55–67. doi:10.1016/j.jmsy.2012.07.015.
  • Agrawal, N., and S. Nahmias. 1997. “Rationalization of the Supplier Base in the Presence of Yield Uncertainty.” Production and Operations Management 6: 291–308. doi:10.1111/j.1937-5956.1997.tb00432.x.
  • Archibald, T. 2006. “Modelling Replenishment and Transshipment Decisions in Periodic Review Multilocation Inventory Systems.” Journal of the Operational Research Society 58: 948–956. doi:10.1057/palgrave.jors.2602217.
  • Axsäter, S. 2000. “Exact Analysis of Continuous Review (R, Q) Policies in Two-Echelon Inventory Systems with Compound Poisson Demand.” Operations Research 48: 686–696. doi:10.1287/opre.48.5.686.12403.
  • Axsäter, S. 2006. Inventory Control (International Series in Operations Research & Management Science). Berlin: Springer.
  • Babai, M. Z., Z. Jemai, and Y. Dallery. 2011. “Analysis of Order-up-to-Level Inventory Systems with Compound Poisson Demand.” European Journal of Operational Research 210: 552–558. doi:10.1016/j.ejor.2010.10.004.
  • Babich, V., A. N. Burnetas, and P. H. Ritchken. 2007. “Competition and Diversification Effects in Supply Chains with Supplier Default Risk.” Manufacturing & Service Operations Management 9: 123–146. doi:10.1287/msom.1060.0122.
  • Bulinskaya, E., and K. Shakhgildyan. 2014. “Inventory Systems with Unreliable Suppliers.” Communications in Statistics-Theory and Methods 43 (7): 1563–1574. doi:10.1080/03610926.2013.777459.
  • Burke, G. J., J. E. Carrillo, and A. J. Vakharia. 2007. “Single Versus Multiple Supplier Sourcing Strategies.” European Journal of Operational Research 182: 95–112. doi:10.1016/j.ejor.2006.07.007.
  • 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 Science 40: 320–332. doi:10.1287/mnsc.40.3.320.
  • Coelho, L. C., and G. Laporte. 2014. “Optimal Joint Replenishment, Delivery and Inventory Management Policies for Perishable Products.” Computers & Operations Research 47: 42–52. doi:10.1016/j.cor.2014.01.013.
  • Degroot, M., and M. Schervish (2011). Kolmogorov–Smirnov Tests. Probability and statistics. Pearson, 657–658.
  • Durugbo, C., A. Tiwari, and J. R. Alcock. 2014. “Managing Integrated Information Flow for Delivery Reliability.” Industrial Management & Data Systems 114 (4): 628–651. doi:10.1108/IMDS-10-2013-0430.
  • Federgruen, A., and N. Yang. 2009. “Optimal Supply Diversification under General Supply Risks.” Operations Research 57: 1451–1468. doi:10.1287/opre.1080.0667.
  • Gitman, L. J., R. Juchau, and J. Flanagan. 2015. Principles of Managerial Finance. Frenchs Forest, NSW: Pearson Higher Education AU.
  • Glazebrook, K., C. Paterson, S. Rauscher, and T. Archibald. 2015. “Benefits of Hybrid Lateral Transshipments in Multi‐Item Inventory Systems under Periodic Replenishment.” Production and Operations Management 24: 311–324. doi:10.1111/poms.2015.24.issue-2.
  • Hamdi, F., A. Ghorbel, and F. Masmoudi (2014). Optimization of Supply Portfolio in Context of Supply Chain Risk Management: Literature Review. In Advanced Logistics and Transport (ICALT), 2014 International Conference on (pp. 374–379). IEEE.
  • Ju, W., A. F. Gabor, and J. C. W. Van Ommeren. 2015. “An Approximate Policy for a Dual-Sourcing Inventory Model with Positive Lead Times and Binomial Yield.” European Journal of Operational Research 244: 490–497. doi:10.1016/j.ejor.2015.01.052.
  • Lam, C. Y., and W. H. Ip. 2012. “An Improved Spanning Tree Approach for the Reliability Analysis of Supply Chain Collaborative Network.” Enterprise Information Systems 6 (4): 405–418. doi:10.1080/17517575.2012.673236.
  • Lan, S.-P., P. Chu, K.-J. Chung, W.-J. Wan, and R. Lo. 1999. “A Simple Method to Locate the Optimal Solution of the Inventory Model with Variable Lead Time.” Computers & Operations Research 26: 599–605. doi:10.1016/S0305-0548(98)00049-5.
  • Larson, P. D., and J. D. Kulchitsky. 1998. “Single Sourcing and Supplier Certification: Performance and Relationship Implications.” Industrial Marketing Management 27: 73–81. doi:10.1016/S0019-8501(97)00039-4.
  • Lau, H. C., and D. Nakandala. 2012. “A Pragmatic Stochastic Decision Model for Supporting Goods Trans-Shipments in A Supply Chain Environment.” Decision Support Systems 54: 133–141. doi:10.1016/j.dss.2012.04.012.
  • Lee, C. K. M., C. Mitrea, W. H. Ip, K. L. Choy, and G. T. S. Ho. 2017. “Design and Development of Inventory Knowledge Discovery System.” Enterprise Information Systems 11 (8): 1262–1282. doi:10.1080/17517575.2016.1221143.
  • Liker, J. K., and T. Y. Choi. 2004. “Building Deep Supplier Relationships.” Harvard Business Review 82: 104–113.
  • Nahmias, S., and Y. Cheng. 2009. Production and Operations Analysis (Vol. 4). New York: McGraw-Hill/Irwin. Olsson, F.
  • Olsson, F. 2009. “Optimal Policies for Inventory Systems with Lateral Transshipments.” International Journal of Production Economics 118: 175–184. doi:10.1016/j.ijpe.2008.08.021.
  • Paterson, C., G. Kiesmüller, R. Teunter, and K. Glazebrook. 2011. “Inventory Models with Lateral Transshipments: A Review.” European Journal of Operational Research 210: 125–136. doi:10.1016/j.ejor.2010.05.048.
  • Paterson, C., R. Teunter, and K. Glazebrook. 2012. “Enhanced Lateral Transshipments in a Multi-Location Inventory System.” European Journal of Operational Research 221: 317–327. doi:10.1016/j.ejor.2012.03.005.
  • Ramasesh, R. V., J. K. Ord, J. C. Hayya, and A. Pan. 1991. “Sole versus Dual Sourcing in Stochastic Lead-Time (S, Q) Inventory Models.” Management Science 37: 428–443. doi:10.1287/mnsc.37.4.428.
  • Sheffi, Y. 2005. The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage, 1. Cambridge, MA: MIT Press Books.
  • Tomlin, B. 2006. “On the Value of Mitigation and Contingency Strategies for Managing Supply Chain Disruption Risks.” Management Science 52: 639–657. doi:10.1287/mnsc.1060.0515.
  • Vakharia, A. J., and A. Yenipazarli, 2008. "Managing Supply Chain Disruptions."  Information and Operations Management 2: 243-325
  • Verdouw, C. N., R. M. Robbemond, T. Verwaart, J. Wolfert, and A. J. M. Beulens. 2015. “A Reference Architecture for IoT-based Logistic Information Systems in Agri-Food Supply Chains.” Enterprise Information Systems 1–25. doi:10.1080/17517575.2015.1072643.
  • Wagner, S. M., and G. Friedl. 2007. “Supplier Switching Decisions.” European Journal of Operational Research 183: 700–717. doi:10.1016/j.ejor.2006.10.036.
  • Wang, Y., W. Gilland, and B. Tomlin. 2010. “Mitigating Supply Risk: Dual Sourcing or Process Improvement?” Manufacturing & Service Operations Management 12: 489–510. doi:10.1287/msom.1090.0279.
  • Wong, H., G.-J. Van Houtum, D. Cattrysse, and D. Van Oudheusden. 2006. “Multi-Item Spare Parts Systems with Lateral Transshipments and Waiting Time Constraints.” European Journal of Operational Research 171: 1071–1093. doi:10.1016/j.ejor.2005.01.018.
  • Yu, H., A. Z. Zeng, and L. Zhao. 2009. “Single or Dual Sourcing: Decision-Making in the Presence of Supply Chain Disruption Risks.” Omega 37: 788–800. doi:10.1016/j.omega.2008.05.006.

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.