A model for the analysis of procurement strategies in the economic order interval environment

DOI10.1016/J.MATCOM.2016.10.007OpenAlexW2553068503MaRDI QIDQ2229028FDOQ2229028

Authors: Roberto Montanari, Eleonora Bottani, Ehsan Shekarian, Nima Kazemi 

Publication date: 19 February 2021

Published in: Mathematics and Computers in Simulation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.matcom.2016.10.007

Recommendations

• Comparing sourcing strategies in two-echelon supply chains
• Procurement strategies with unreliable suppliers
• Single versus multiple supplier sourcing strategies
• Diversification Under Supply Uncertainty
• Note: Dual sourcing with nonidentical suppliers

zbMATH Keywords

supplier selectionsimulation modeleconomic analysisanalytic modelpurchasing strategy

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX) Operations research, mathematical programming (90-XX)

Cites Work

• Inventory models with unreliable suppliers in a random environment
• Single versus multiple supplier sourcing strategies
• Vendor selection criteria and methods
• Inventory control.
• The{Q,r)Inventory System With An Unreliable Supplier
• Inventory systems with stochastic demand and supply: properties and approximations
• Continuous-review inventory problem with random supply interruptions
• Options procurement policy for option contracts with supply and spot market uncertainty
• The myopic Order-Up-To policy with a proportional feedback controller
• Single versus multiple sourcing in the presence of risks
• Procurement strategies with unreliable suppliers
• Comparing sourcing strategies in two-echelon supply chains
• Vendor selection with price breaks
• Dynamic simulation of the supply chain for a short life cycle product -- lessons from the Tamagotchi case.
• Optimal ordering policies and sourcing strategies with supply disruption
• Supply chain design and cost analysis through simulation
• An economic order quantity model considering different holding costs for imperfect quality items subject to fuzziness and learning
• Determining the reorder point and order-up-to-level in a periodic review system so as to achieve a desired fill rate and a desired average time between replenishments

Uses Software

• Excel

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