 A consolidated delivery policy of multiple suppliers for a single buyerTaebok Kim and Suresh Kumar Goyal International Journal of Procurement Management, 2009, vol. 2, issue 3, 267-287 Abstract: The development of a well-structured supply chain should simultaneously take into account both inventory-related costs and transportation costs to minimise the overall operating cost. A buyer's lot-sizing decision affects all suppliers' inventory and transportation costs as well as its own operating cost. First of all, it is valuable to perform a structured analysis dealing with the conflicts between a buyer and a group of suppliers. Secondly, the coordination issue among the suppliers should be dealt with. The purpose of this study is to investigate how the transportation cost affects the joint lot-sizing policy in a multiple-supplier-single-buyer supply chain. In this study, it is assumed that the transportation cost is proportional to the fleet size utilised to deliver the buyer's requested order quantity. We first model the joint decision-making problem, develop the solution procedure and then finally propose the profit-sharing mechanism. Keywords: single buyer; multiple suppliers; lumpy deliveries; phased deliveries; supply chain management; SCM; consolidated delivery policy; lot sizing policy; transportation costs; fleet size; profit sharing. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpman:v:2:y:2009:i:3:p:267-287 Access Statistics for this article More articles in International Journal of Procurement Management from Inderscience Enterprises Ltd |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.