Emergency Procurement Based on Supply Disruptions: Single-Sourcing or Dual-Sourcing
نویسندگان
چکیده
منابع مشابه
Emergency Procurement Based on Supply Disruptions: Single-Sourcing or Dual-Sourcing
Recent years have witness the pervasive supply disruptions and their impacts on supply chain performance. We investigate single or dual sourcing emergency model with partial supply disruptions. Introducing the concept of disruption proportion and delivery allocation, we first explore partial interrupted proportion of main supplier and delivery proportion of backup supplier. Under partial disrup...
متن کاملSupply Disruptions, Asymmetric Information and a Dual Sourcing Option
We study a manufacturer’s strategic use of a dual-sourcing option when facing suppliers who possess private information about their likelihood of experiencing a supply disruption. The manufacturer can diversify its supply by ordering from both suppliers, but we find that the cost of doing so is inflated under asymmetric information due to the suppliers’ incentives to misrepresent their reliabil...
متن کاملSingle sourcing versus dual sourcing under conditions of learning
This paper considers a buyer who has to decide whether to select a single or two sources of supply for a homogeneous product. The production processes of the suppliers are subject to learning effects, which reduce the production costs and increase the production capacities of the suppliers. This, in turn, enables the suppliers to reduce the sales price, which results in lower acquisition costs ...
متن کاملMitigating Supply Risk: Dual Sourcing or Process Improvement?
Surveys suggest that supply chain risk is a growing issue for executives and that supplier reliability is of particular concern. A common mitigation strategy observed in practice is for the buying firm to expend effort improving the reliability of its supply base. We explore a model in which a firm can source from multiple suppliers and/or exert effort to improve supplier reliability. For both ...
متن کاملProduction and pricing policies in dual sourcing supply chains
We analyze optimal production and pricing strategies in the single period (newsvendor) dual sourcing problem that entails local and offshore suppliers. The local supplier is used reactively as an emergency source following the realization of random demand. A multiplicative demand model is employed. We show that dual sourcing flexibility may decrease optimal price when emergency supply cost is s...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Open Cybernetics and Systemics Journal
سال: 2014
ISSN: 1874-110X
DOI: 10.2174/1874110x01408010618