A hybrid relief procurement contract for humanitarian logistics
Ali Ghavamifar,
S. Ali Torabi and
Mohammad Moshtari
Transportation Research Part E: Logistics and Transportation Review, 2022, vol. 167, issue C
Abstract:
This paper proposes a novel hybrid relief procurement contract in which the specific features of option contract and quantity flexible contract are used to coordinate the supply of a relief item between a supplier and a humanitarian organization. First, a mathematical statistics approach is used to categorize different provinces according to a multi-hazard risk approach. Then, the proposed contract is elaborated. Different managerial insights are derived from conducting several sensitivity analyses in our case study. The results reveal that using the proposed contract can significantly improve the procurement process by reducing the shortage and overstocking risks in humanitarian organizations.
Keywords: Humanitarian logistics; Relief procurement; Option contract; Quantity flexible contract (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1016/j.tre.2022.102916
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