Hosoda, Takamichi and Disney, Stephen Michael  ORCID: https://orcid.org/0000-0003-2505-9271
2012.
A delayed demand supply chain: Incentives for upstream players.
Omega
40
(4)
, pp. 478-487.
10.1016/j.omega.2011.09.005
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Abstract
We study a decentralized supply chain where only delayed market demand information is available for making replenishment decisions. The impact of this delay is quantified in a serially linked two-level supply chain where each player exploits the order-up-to replenishment policy. The market demand is assumed to be a first-order autoregressive process. It is shown that the first level of the supply chain benefits from shorter time delays; however, the benefit for the second level is quite minor at best and can sometimes even be (counter-intuitively) detrimental. We conclude that the second level does not have a strong incentive to reduce the time delays in the shared market demand information.
| Item Type: | Article |
|---|---|
| Date Type: | Publication |
| Status: | Published |
| Schools: | Schools > Business (Including Economics) Research Institutes & Centres > Centre for Advanced Manufacturing Systems At Cardiff (CAMSAC) |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
| Uncontrolled Keywords: | Information delay; Inventory; Manufacturing; Order-up-to policy; Stochastic process; Supply chain management; Time series; RFID |
| Publisher: | Elsevier |
| ISSN: | 0305-0483 |
| Date of First Compliant Deposit: | 27 July 2016 |
| Last Modified: | 22 Nov 2024 05:45 |
| URI: | https://orca.cardiff.ac.uk/id/eprint/19011 |
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