We study a model of a firm managing its inventory of a single product by sourcing supplies from two supply sources, a regular supplier who offers a lower unit cost and a longer lead time than a second, emergency, supplier. A practically implementable policy for such a firm is a Tailored Base-Surge (TBS) Policy (Allon and Van Mieghem, 2010) to manage its inventory: Under this policy, the firm pr...

the supplier selection is a multi-criteria decision making which consist both qualities and quantities metrics. a lot of investigations have been published in the supplier selection area and, most of the proposed models focused on manufacturing environments and a few papers have been allocated for service industries. proposed system utilizes new method that transfer the house of quality (hoq) a...

This paper presents a multi-period inventory lot-sizing scenario, where there are multiple products and multiple suppliers. We consider a situation where the demand of multiple discrete products is known over a planning horizon. Each of these products can be sourced from a set of approved suppliers, a supplier-dependent transaction cost applying for each period in which an order is placed on a ...

in this paper, we develop an inventory model with delay in payments for deteriorating items. in our model, retailer who purchases the items enjoys a fixed credit period offered by his/her supplier and, in turn, also offers a credit period to his/her customers in order to promote the market competition. the demand is assumed to be linear function of the retailer's current-stock level. the effect...

in recent years, supply chain management has developed into one of the most critical strategies for achieving competitive advantage in different industries and the supplier selection process has increasingly been distinguished as an important and vital decision in supply chain management of manufacturing and service industries. on the other hand, with so many suppliers having different capabili...

A global economy and rapidly-changing market conditions have greatly intensified industry competition. This, in turn, has led to an ever-increasing level of outsourcing/offshoring activities by firms in order to gain cost advantage and market share (Friedman 2005, Hausman et al. 2005). According to the Department of Commerce (2006), typical U.S. manufacturers spend more than half of their reven...

This study considers a reliable location – inventory problem for a supply chain system comprising one supplier, multiple distribution centers (DCs), and multiple retailers in which we determine DCs location, inventory replenishment decisions and assignment retailers to DCs, simultaneously. Each DC is managed through a continuous review (S, Q) inventory policy. For tackling real world conditions...

Acknowledgements I would like to thank the various company managers who participated in the surveys of Yorkshire & Humberside and Northern Ireland. Abstract Multinational enterprises occupy a prominent position in most UK regional economies. The contribution of these firms to employment and growth in the host region will be enhanced if they purchase material inputs from local firms ('local sour...