Modelling and Simulation for Supply Chain Contract Based on the Inventory Management under Uncertain Demand

2006 ◽  
Author(s):  
Wei Guo ◽  
Guangchao Huang
Keyword(s):  
Supply Chain ◽  
Inventory Management ◽  
Modelling And Simulation ◽  
Uncertain Demand ◽  
Supply Chain Contract

Inventory Management of Medical Equipment Vendors under the Uncertain Demand

2011 ◽  
Vol 225-226 ◽  
pp. 1129-1132
Author(s):  
Lu Shi ◽  
Xin Ma
Keyword(s):  
Supply Chain ◽  
Inventory Management ◽  
Medical Equipment ◽  
Integrated Approach ◽  
Uncertain Demand ◽  
Vendor Managed Inventory ◽  
Coordination Problem ◽  
Related Research ◽  
Demand Fluctuations ◽  
Equipment Supplier

The remarkable interest in the supply chain management related research in the last decade has been due to its potential to improve the efficiency of operations and reduce cost. Vendor managed inventory is an integrated approach for market patricians coordination according to which the vendor decides on the appropriate inventory levels within bounds. The coordination problem for a two stage supply chain composed of a medical equipment supplier and a retailer is considered in this paper. The inventory management of medical equipment vendors under the uncertain demand is analysis and the model is designed, the variables of shortage cost and inventories cost are derived on the two cases with the demand fluctuations and the results are also discussed.

Inventory optimization considering the vehicle capacity and specifics of cash flows at rental storage sites

2020 ◽  
pp. 77-90
Author(s):  
V.D. Gerami ◽  
I.G. Shidlovskii
Keyword(s):  
Supply Chain ◽  
Inventory Management ◽  
Sufficient Conditions ◽  
Cash Flows ◽  
Management Systems ◽  
Cargo Capacity ◽  
Special Modification ◽  
The Cost ◽  
Necessary And Sufficient ◽  
Vehicle Capacity

The article presents a special modification of the EOQ formula and its application to the accounting of the cargo capacity factor for the relevant procedures for optimizing deliveries when renting storage facilities. The specified development will allow managers to take into account the following process specifics in the format of a simulated supply chain when managing inventory. First of all, it will allow considering the most important factor of cargo capacity when optimizing stocks. Moreover, this formula will make it possible to find the optimal strategy for the supply of goods if, also, it is necessary to take into account the combined effect of several factors necessary for practice, which will undoubtedly affect decision-making procedures. Here we are talking about the need for additional consideration of the following essential attributes of the simulated cash flow of the supply chain: 1) time value of money; 2) deferral of payment of the cost of the order; 3) pre-agreed allowable delays in the receipt of revenue from goods sold. Developed analysis and optimization procedures have been implemented to models of this type that are interesting and important for a business. This — inventory management systems, the format of which is related to the special concept of efficient supply. We are talking about models where the presence of the specified delays for the outgoing cash flows allows you to pay for the order and the corresponding costs of the supply chain from the corresponding revenue on the re-order interval. Accordingly, the necessary and sufficient conditions are established based on which managers will be able to identify models of the specified type. The purpose of the article is to draw the attention of managers to real opportunities to improve the efficiency of inventory management systems by taking into account these factors for a simulated supply chain.

On the Equivalance of Selected Supply Chain Contract Mechanism

2005 ◽  
Author(s):  
Vijayender Reddy Nalla ◽  
Jack A.A. van der Veen ◽  
Venu Venugopal
Keyword(s):  
Supply Chain ◽  
Supply Chain Contract

A systematic literature review of healthcare supply chain and implications of future research

2019 ◽  
Vol 13 (4) ◽  
pp. 405-435 ◽  
Author(s):  
Anuj Dixit ◽  
Srikanta Routroy ◽  
Sunil Kumar Dubey
Keyword(s):  
Supply Chain ◽  
Literature Review ◽  
Inventory Management ◽  
Cold Chain ◽  
Future Research ◽  
Research Papers ◽  
Content Type ◽  
Drug Manufacturing ◽  
Customer Training

Purpose This paper aims to review the healthcare supply chain (HSC) literature along various areas and to find out the gap in it. Design/methodology/approach In total, 143 research papers were reviewed during 1996-2017. A critical review was carried out in various dimensions such as research methodologies/data collection method (empirical, case study and literature review) and inquiry mode of research methodology (qualitative, quantitative and mixed), country-specific, targeted area, research aim and year of publication. Findings Supply chain (SC) operations, performance measurement, inventory management, lean and agile operation, and use of information technology were well studied and analyzed, however, employee and customer training, tracking and visibility of medicines, cold chain management, human resource practices, risk management and waste management are felt to be important areas but not much attention were made in this direction. Research limitations/implications Mainly drug and vaccine SC were considered in current study of HSC while SC along healthcare equipment and machine, hospitality and drug manufacturing related papers were excluded in this study. Practical implications This literature review has recognized and analyzed various issues relevant to HSC and shows the direction for future research to develop an efficient and effective HSC. Originality/value The insight of various aspects of HSC was explored in general for better and deeper understanding of it for designing of an efficient and competent HSC. The outcomes of the study may form a basis to decide direction of future research.

scholarly journals Fishery Logistics Insurance Management Schemes

2012 ◽  
Vol 6-7 ◽  
pp. 773-777 ◽  
Author(s):  
Yan Ling Wang
Keyword(s):  
Supply Chain ◽  
Insurance Contract ◽  
Insurance Companies ◽  
Supply Chain Risk ◽  
Exact Probability ◽  
Supply Chain Contract ◽  
High Expectations ◽  
Management Schemes ◽  
Contract Signing ◽  
Risk Insurance

The intense competition of global markets and consumers' high expectations forced enterprises to invest and concentrate on the relationship with their customers and suppliers. The growing interest in supply chain management, both in developed and developing countries in the fisheries. With the catastrophic events in the fisheries supply chain, the diversity of the fisheries risk and insurance issues become increasingly important. However, participants in the supply chain is a separate and independent economic entities, and only consider their own interests. In this article, the fisheries supply chain insurance contract on the basis of the model and the diversity of the fisheries risk and insurance policy issues, the behavior of each participant. In this article, the diversity of the fisheries supply chain risk and insurance process, the lack of sufficient knowledge of the fisheries supply chain contract signing or the exact probability of the insured event, the fisheries supply chain risk insurance companies use the information provided by the fisheries supply chain contract signature the signing of the contract or the behavior of the fisheries supply chain insurers of people insured or fisheries supply chain and fisheries supply chain in order to establish the parameters of the insurance contract of the fisheries supply chain.

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