Balanced and synchronized ordering in supply chains

2008 
This paper considers a supply chain with one supplier and multiple retailers in which base stock policies are practiced. Specifically, we consider two replenishment strategies: synchronized ordering and balanced ordering. We present compelling results to explain how the supplier may benefit from synchronized ordering under fixed order intervals and examine numerically the cost impact to the retailers under the two strategies. We also compare the results of synchronized ordering with randomized ordering times.
    • Correction
    • Source
    • Cite
    • Save
    • Machine Reading By IdeaReader
    8
    References
    12
    Citations
    NaN
    KQI
    []