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This paper studies a vendor-managed-inventory (VMI) supply chain where a manufacturer, as a vendor, procures a type of nondeteriorating raw material to produce a deteriorating product, and distribute it to multiple retailers. The price of the product offered by one retailer is also influenced by the prices offered by other retailers because consumers can choose the product from any of the retailers...
Two typical application lays of VMI mode are introduced, and the VMI mode of upstream lay is addressed to research on. In case of the indefinite demand, economic effects of every node in both traditional mode and VMI mode are compared by setting up mathematic models and using simulation skills. Basing on the above analyses, the paper tries to find a rational space of supplier's sales price which can...
Inventory as one of the most important parts of the supply chain has been paid attention by companies and academies. But most of recent researches on it are based on the hypothesis that the items can be stored infinitely without consideration of deterioration and devaluation of the items, which restricts the use of models in practice. So, based on the perishable items, a supply chain's inventory-transportation...
This paper set up a 3PL Company's financing pricing model for the exponentially deteriorating products. Based on the supplier's permission of delayed payment and the 3PL Company's provision of inventory impawn financing service, it studied retailer's decision-making of its optimal order quantity and 3PL Company's optimal decision-making problem of providing the finance service. At last, a numerical...
We consider a particular model of short-term discounting that the distributor offers a discounted price for the retailers' orders placed at the beginning of its replenishment cycle, in a non-cooperative distribution system with one distributor and multiple retailers, each facing price-sensitive demand. We examine the value of the price discount strategy as a mechanism for the distributor to coordinate...
Information sharing and inventory management are increasingly recognized as areas generating potential improvements and creating competitive advantage to supply chain. Both of them have been analyzed extensively by number of researchers. However, there are few scholars who have specially discussed on supply chain inventory management from the view of information sharing incentive mechanism. In this...
Pricing strategy is an interesting and relevant topic in a supply chain, especially for retailers. Many business models on pricing have been developed in recent years. One of the pricing strategies is for the retailers to markdown product price in order to induce larger replenishment from the buyers. The effect of markdown product price is even more obvious for deteriorating items with price-dependent...
This paper develops a lot-sizing coordination model with one manufacture and multiple retailers, in which. the retailers act as the leader and the manufacture buyer acts as the follower. At first, the retailerspsila economic order quantity model and the manufacturepsilas economic production quantity model is discussed respectively, taking into account the effects of deteriorating and that the retailers...
It present a strategic analysis of manufacturer-retailer interaction in a dual channel setting and an analytical model that incorporates the key trade-offs regarding the channels. we study how a manufacturer can effectively manage his direct online channel and an independent retail channel when the channels compete in providing better service to end consumers. We suggest dual channel strategies to...
This paper considers such a supply chain, there is one manufacturer who produces two types of products with substitution, and sells the two types of products to two different retailers respectively, then the two retailers sell the two products to end consumer. Using game-theoretical approach, each firm's optimal decisions are established, also the role of the manufacturer and the two retailers over...
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