Lateral transshipment inventory strategy in two-retailer supply chain with two ordering opportunities and demand information update

被引:0
|
作者
Wan P. [1 ,2 ]
Ji S. [1 ]
Zhang J. [1 ]
Ma L. [2 ]
机构
[1] School of Business Administration, Northeastern University, Shenyang
[2] School of Management Engineering, Qingdao University of Technology, Qingdao
基金
中国国家自然科学基金;
关键词
Demand information update; Inventory strategy; Preventive lateral transshipment; Two order opportunities;
D O I
10.12011/SETP2019-1090
中图分类号
学科分类号
摘要
The demand uncertainties in different regional markets exacerbate the mismatch between supply and demand in the overall market. Lateral transshipment inventory strategy can be used to solve this mismatch problem. In this paper, we study the preventive lateral transshipment inventory strategies by considering two retailers who can update the forecast information of demand when the manufacturer provides two ordering opportunities at different prices. Based on the description of the demand information update process, we first carry out inventory adjustment judgment through the collected demand information signal, then develop two inventory decision models according to whether the retailers implement transshipments. Sensitivity analysis is performed for the parameters of transfer price and demand information update. The analysis of numerical examples show that demand information update and the preventive lateral transshipment strategy can not only increase the profit of retailers and the whole supply chain system, but also help manufacturer meet market demand with lower production scale. Then the validity of the model is verified. © 2021, Editorial Board of Journal of Systems Engineering Society of China. All right reserved.
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页码:932 / 945
页数:13
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