A New Cooperative Scenario for Supply Chains Using Common Replenishment Epochs
نویسندگان
چکیده
In this paper, we propose a new cooperative scenario for supply chains using common replenishment epochs based on the mathematical model presented in Viswanathan and Piplani’s [25] paper. In order to solve an optimal solution for the cooperative scenario, we first conduct a theoretical analysis on the optimal cost function of the mathematical model. Then, we propose an efficient search algorithm by utilizing our theoretical results on the cooperative scenario. Also, we introduce a saving-sharing mechanism that could motivate the buyers to cooperate with the vendor. Importantly, the proposed saving-sharing mechanism assists the supply chain system to create a multi-win situation among the vendor and the buyers. Using the 48 sets of data in Viswanathan and Piplani’s [25] paper, we demonstrate that the proposed cooperative scenario could attain significant improvement on the costs for both the vendor and the buyers in comparison to the Stackelberg-game scenario.
منابع مشابه
Pricing and Advertising Decisions in a Three-level Supply Chain with Nash, Stackelberg and Cooperative Games
Pricing and advertising are two important marketing strategies in the supply chain management which lead to customer demand’s increase and therefore higher profit for members of supply chains. This paper considers advertising, and pricing decisions simultaneously for a three-level supply chain with one supplier, one manufacturer and one retailer. The amount of market demand is influenced ...
متن کاملImproving Supplier’s Performance Using Common Replenishment Epochs in a Vendor-Managed Inventory System
This paper studies a single-product supply chain, in which the supplier needs to manage its own inventory to fulfill requests from a set of heterogonous retailers. The retailers’ requests are determined by the supplier in a fashion of vendor-managed inventory (VMI). Under a VMI arrangement, the supplier agrees to pay all the order setup costs and a portion of unit holding costs for the retailer...
متن کاملModelling Integrated Multi-item Supplier Selection with Shipping Frequencies
There are many benefits for coordination of multiple suppliers when single supplier cannot satisfy buyer demands. In addition, buyer needs to purchase multiple items in a real supply chain. So, a model that satisfies these requests has many advantages. We extend the existing approaches in the literature that assume all suppliers need to be put on a common replenishment cycle and each supplier ...
متن کاملImpact of government’s policies on competition of two closed-loop and regular supply chains
With progressing technologies and new features of production, new products compete with older ones in markets. Indeed, new products initiate contest with olden ones and this process repeats in different productions lifetime several times. In this situation recycling the olden products seems to be significant for supply chains. Governments often levy special tariffs for these products as a contr...
متن کاملImproved Profitability and Competition in Two Level Supply Chain by Non-Cooperative Games
This article by modeling a non-cooperative dynamic game tries to improve profitability and competition. This paper has considered how the manufacturer interacts with multiple competitor distributors. Each distributor also determines the optimal distribution price and inventory replenishment policies to maximize their profits. The issue form a non-cooperative dynamic game. Distributors formulate...
متن کامل