This paper considers the economic lot and delivery scheduling problem in a two-echelon supply chains, where a single supplier produces multiple components on a flexible flow line (FFL) and delivers them directly to an assembly facility (AF). The objective is to determine a cyclic schedule that minimizes the sum of transportation, setup and inventory holding costs per unit time without shortage....

This paper presents a stochastic mixed integer programming approach to integrated supplier selection and customer order scheduling in the presence of supply chain disruption risks, for a single or dual sourcing strategy. The suppliers are assumed to be located in two different geographical regions: in the producer's region (domestic suppliers) and outside the producer's region (foreign supplier...

Choosing a supplier is complex decision-making process that can reduce the total cost of production inputs and increase profits without increasing price or sacrificing product quality. However, selection processes usually involve multiple quantitative qualitative criteria which complexity problem may decrease accuracy effectiveness process. Such problems be supported by using multicriteria (MCD...

Supplier selection is a multi-criteria decision making problem which includes both qualitative and quantitative factors. In order to select the best suppliers it is necessary to make a trade-off between these tangible and intangible factors some of which may conflict. When business volume discounts exist, this problem becomes more complicated as, in these circumstances, buyer should decide abou...

In this paper, we study a make-to-stock manufacturing system where two firms compete through dynamic pricing and inventory control. Our goal is to address competition (in particular a duopoly setting) together with the presence of demand uncertainty. We consider a dynamic setting where multiple products share production capacity. We introduce a demand-based fluid model where the demand is a lin...

Supplier reliability is a critical issue for manufacturing companies. Delivery delays from suppliers create backlog and firefighting on the shop floors. To avoid disruption hedge against supplier lead time uncertainty, companies rely diversification, multi-sourcing, safety times. In buyer might order same product (raw material) different suppliers. The design of robust cost-efficient purchasing...

This paper investigates sourcing decisions for new ventures. Sourcing are especially problematic start-ups because they lack resources, knowledge and legitimacy to evaluate interact with suppliers. We develop apply a framework that connects global sourcing, relationship development attractiveness. Further, we investigate how ventures their first supply chains by conducting an exploratory multip...

February, 2008 We consider supplier diversification in an EOQ type inventory setting with multiple suppliers under binomial yield and zero leadtimes. We characterize the optimal policy for the model and show that, in this case, it does not pay to diversify and it is better to use a sole supplier. This result constitutes a contrast with the previous ones in the literature assuming various yield ...

The combined operation of distribution and inventory control achieved through a vendor-managed inventory strategy creates a synergetic interaction which benefits supplier and customers. Inventory-Routing Problems (IRPs) arise when inventory and routing decisions must be taken simultaneously, which yields a difficult combinatorial optimization problem. While most IRP research deals with a single...

We develop a new theory of supplier diversification based on buyer risk. When suppliers are subject to the risk of buyer default, buyers may take costly action to signal creditworthiness so as to obtain more favorable terms. But once signaling costs are sunk, buyers sourcing from a single supplier become vulnerable to future holdup. Although ex ante supply base diversification can be effective ...