Skip to main content
Disciplines
Automotive Business IT + Informatics Construction + Real Estate Electrical Engineering + Electronics Energy + Sustainability Insurance + Risk Finance + Banking Management + Leadership Marketing + Sales Mechanical Engineering + Materials
Events
DE
EN
Books
Journals
Topic Page
Marketing
Start single access now
Access for companies
EXTENDED SEARCH
Log in
Top
Published in:
Reverse Logistics Route Selection Using AHP: A Case Study of Electronics Scrap from Pakistan Read chapter Read first chapter

2018 | OriginalPaper | Chapter

Procurement Decisions in Multi-period Supply Chain

Authors : Izabela Nielsen, Subrata Saha

Published in: Advances in Production Management Systems. Production Management for Data-Driven, Intelligent, Collaborative, and Sustainable Manufacturing

Publisher: Springer International Publishing

Log in

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

Pricing and ordering decision in multi-period supply chain environments is not explored comprehensively. We consider three pragmatic procurement scenarios where the retailer can procure products (i) by maintaining strategic inventory, (ii) in bulk in first-period and distribute them in forthcoming selling period, and (iii) without maintaining any inventory. The results suggest that conventional single period planning exhibit sub-optimal characteristics. Build-up strategic inventory is not always profitable for the retailer. The retailer can also earn more profits by employing a bulk procurement strategy.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

inform now
previous chapter Discrete Event Simulation – A New Approach to Multi-level Capacitated Planning?
next chapter Due-Date Based Multi-period Part Selection for Flexible Manufacturing Systems with Controllable Processing Times
Literature
1.
Anand, K., Anupindi, R., Bassok, Y.: Strategic inventories in vertical contracts. Manag. Sci. 54(10), 1792–1804 (2018)CrossRef
2.
Arya, A., Frimor, H., Mittendorf, B.: Decentralized procurement in light of strategic inventories. Manag. Sci. 61(3), 578–585 (2014)CrossRef
3.
Arya, A., Mittendorf, B.: Managing strategic inventories via manufacturer-to-consumer rebates. Manag. Sci. 59(4), 813–818 (2013)CrossRef
4.
Nielsen, P., Nielsen, I., Steger-Jensen, K.: Analyzing and evaluating product demand interdependencies. Comput. Ind. 61(9), 869–876 (2010)CrossRef
5.
Eriksen, P.S., Nielsen, P.: Order quantity distributions: estimating an adequate aggregation horizon. Manage. Prod. Eng. Rev. 7(3), 39–48 (2016)
6.
Hartwig, R., Inderfurth, K., Sadrieh, A., Voigt, G.: Strategic inventory and supply chain behavior. Prod. Oper. Manag. 24(8), 1329–1345 (2015)CrossRef
7.
Mantin, B., Jiang, L.: Strategic inventories with quality deterioration. Eur. J. Oper. Res. 258(1), 155–164 (2017)MathSciNetCrossRef
8.
Moon, I., Dey, K., Saha, S.: Strategic inventory: manufacturer vs. retailer investment. Transp. Res. Part E: Logist. Transp. Rev. 109(C), 63–82 (2018)
9.
10.
Sitek, P., Wikarek, J., Nielsen, P.: A constraint-driven approach to food supply chain management. Ind. Manag. Data Syst. 117(9), 2115–2138 (2017)CrossRef
11.
Walters, R., Bommer, W.: Measuring the impact of product and promotion-related factors on product category price elasticities. J. Bus. Res. 36(3), 203–216 (1996)CrossRef
12.
Huang, A., Dawes, J., Lockshin, L., Greenacre, L.: Consumer response to price changes in higher-priced brands. J. Retail. Consum. Serv. 39, 1–10 (2017)CrossRef
Metadata
Title
Procurement Decisions in Multi-period Supply Chain
Authors
Izabela Nielsen
Subrata Saha
Copyright Year
2018
Book
Advances in Production Management Systems. Production Management for Data-Driven, Intelligent, Collaborative, and Sustainable Manufacturing

Print ISBN: 978-3-319-99703-2

Electronic ISBN: 978-3-319-99704-9

Copyright Year: 2018

DOI
https://doi.org/10.1007/978-3-319-99704-9_53

Premium Partner

    Image Credits