Inventory Management with Alternative Delivery Times

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Publisher : Springer
ISBN 13 : 3319486357
Total Pages : 110 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Inventory Management with Alternative Delivery Times by : Xiaoying Liang

Download or read book Inventory Management with Alternative Delivery Times written by Xiaoying Liang and published by Springer. This book was released on 2016-11-24 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a modeling framework to analyze the problem of inventory management with alternative delivery times. The general context considered here is that a seller replenishes its inventory in fixed intervals and, between replenishments, allocates the limited inventory to satisfy customers who are both price and delivery-time sensitive. On the demand side, customers have heterogeneous delivery-time requirements and choose either spot or late delivery. This theoretical modeling captures the essence of real-world business practices such as the delivery time market segmentation strategy adopted by automobile dealerships in China and many other similar examples. The book focuses on the seller’s optimal inventory replenishment and demand fulfillment policies, and our results provide managerial insights into the merits of flexible delivery-time options. Similar applications such as the group-buying mechanism are also examined. The main mathematical tool used in theoretical analysis is dynamic programming. This book is written for students, researchers, and practitioners in the areas of operations management and industrial engineering who are interested in understanding the rationale of flexible delivery times and designing successful applications.

Inventory Models with Alternative Delivery Lead Times, Demand Backlogging, and Priority Rules

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Inventory Models with Alternative Delivery Lead Times, Demand Backlogging, and Priority Rules by : Haifeng Wang

Download or read book Inventory Models with Alternative Delivery Lead Times, Demand Backlogging, and Priority Rules written by Haifeng Wang and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A supplier provides several lead-time options to its customers in a periodic review inventory system. The replenishment lead time is a multiple of the inventory review cycle. Customers are classified into two groups: short lead-time customers requiring the product immediately and long lead-time customers to whom the supplier may deliver immediately or in the next cycle. We consider an inventory-commitment problem, in which the supplier allocates its on-hand inventory to these two groups of customers. When inventory runs out, the supplier backlogs orders to future cycles. Therefore, the supplier faces two problems: how the on-hand inventories are allocated between the two classes of customers and how the backlogged orders are cleared when replenishments arrive? We treat the former as an inventory-commitment problem and handle the latter with priority rules. We solve the former by dynamic programming and use three priority rules in clearing backlogs. We also explore the optimal inventory replenishment issue and evaluate the performance of each priority rule.

Inventory Management for Customers with Alternative Lead Times

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Inventory Management for Customers with Alternative Lead Times by : Haifeng Wang

Download or read book Inventory Management for Customers with Alternative Lead Times written by Haifeng Wang and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers a multiperiod inventory model in which a supplier provides alternative lead-time choices to customers: a short or a long lead time. The supplier operates in a batch-production mode. Orders from slow customers can be taken by the supplier and included in the next production cycle, while orders from fast customers have to be satisfied from the onhand inventory. We denote the action of providing a short lead-time product to a long lead-time customer as the inventory-commitment decision, and we also denote the initial inventory stocking as the inventory-replenishment decision. We first characterize the optimal inventory-commitment policy. We then prove that the optimal inventory-replenishment policy is a base-stock type. We extend our analysis to models to consider a multicycle setting, a case of a supply capacity constraint, and a case in which the inventory holding cost is charged in real time. We also compare the performances of the optimal inventory-commitment policy and the inventory-rationing policy. Finally, we use the customer-choice model to characterize the demand-induction and demand-cannibalization effects.

Neutrosophic Sets and Systems, Vol. 44, 2021. Special issue: Impact of neutrosophy in solving the Latin American's social problems

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Author :
Publisher : Infinite Study
ISBN 13 :
Total Pages : 475 pages
Book Rating : 4./5 ( download)

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Book Synopsis Neutrosophic Sets and Systems, Vol. 44, 2021. Special issue: Impact of neutrosophy in solving the Latin American's social problems by : Florentin Smarandache

Download or read book Neutrosophic Sets and Systems, Vol. 44, 2021. Special issue: Impact of neutrosophy in solving the Latin American's social problems written by Florentin Smarandache and published by Infinite Study. This book was released on with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: This special issue reflects the impact of neutrosophic theory in Latin America, especially after creating the Latin American Association of Neutrosophic Sciences. Among the areas of publication most addressed in the region are found in the interrelation of social sciences and neutrosophy, presenting outstanding results in these research areas. The main objective of this special issue is to divulge the impact publication related to the Neutrosophic theory and explore new areas of research and application in the region. The SI reflects the influence of the neutrosophic publications in Latin America by opening new research areas mainly related to Neutrosophic Statistics, Plithogeny, and NeutroAlgebra. Furthermore, it is worth mentioning the incorporation of authors from new countries in the region, such as Paraguay, Uruguay, and Panama, to have authors in total from 15 countries, 12 of them from the Latin American region.

Strategic Supply Chain Management in Process Industries

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Publisher : Springer Science & Business Media
ISBN 13 : 3540721827
Total Pages : 250 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Strategic Supply Chain Management in Process Industries by : Reinhard Hübner

Download or read book Strategic Supply Chain Management in Process Industries written by Reinhard Hübner and published by Springer Science & Business Media. This book was released on 2007-06-13 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practitioners in process industry have to increasingly adapt their global production networks to changes in the competitive environment. A majority of the supply network design models proposed by academia do not sufficiently capture the questions that have to be resolved. This book provides the necessary operations research decision support tools. It builds on an example of the specialty chemicals industry.

Exploring Supply Chain Management in the Creative Industries

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Publisher : Emerald Group Publishing
ISBN 13 : 1845448138
Total Pages : 77 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis Exploring Supply Chain Management in the Creative Industries by :

Download or read book Exploring Supply Chain Management in the Creative Industries written by and published by Emerald Group Publishing. This book was released on 2005 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: SCM is a rapidly emerging paradigm that is transforming the organisation of business operations as firms seek ever new and innovative ways of finding the elusive mantra of competitive advantage. Little work to date has been undertaken on the creative sector. This e-book hopes to address this, by offering some interesting and informative exploratory work in different areas of the sector. One aim was to offer some insights and lessons that could be drawn on by the wider business community.

Best Practice in Inventory Management

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Author :
Publisher : Routledge
ISBN 13 : 1136426353
Total Pages : 278 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis Best Practice in Inventory Management by : Tony Wild

Download or read book Best Practice in Inventory Management written by Tony Wild and published by Routledge. This book was released on 2007-06-01 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Good management of inventory enables companies to improve their customer service, cash flow and profitability. 'Best Practice in Inventory Management' outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to produce the desired effect in practice. The book shows how inventory management techniques can be used in a wide variety of situations, particularly in stores where the inventory can be anything from fast moving products to slow moving spares. The discussion extends across distribution warehousing and manufacturers' operations. The text is based on best theory and practice, which has been gradually developed by the inventory management profession over the years. It covers the inventory control aspects included in the courses for the DPIM, COM, DLM, CPIM and other professional and academic qualifications. Readers develop their understanding of stock control by seeing the techniques explained logically and learn how inventory structuring, individual item control, forecasting and co-ordination provide the base for logistics management. This new edition has been up-dated throughout and the final chapter, The Future - Inventory and Logistics, has been re-written to reflect the developing applications of technology and changes in focus.

Best Practice in Inventory Management

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Author :
Publisher : Routledge
ISBN 13 : 0750654589
Total Pages : 278 pages
Book Rating : 4.7/5 (56 download)

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Book Synopsis Best Practice in Inventory Management by : Antony Wild

Download or read book Best Practice in Inventory Management written by Antony Wild and published by Routledge. This book was released on 2002 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering both the principles and practice of stock control, Antony Wild's guide presents practical ideas for businesses that need to improve their control and reduce their excessive inventories.

Green and Lean Management

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Publisher : Springer
ISBN 13 : 3319449095
Total Pages : 233 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Green and Lean Management by : Carolina Machado

Download or read book Green and Lean Management written by Carolina Machado and published by Springer. This book was released on 2016-10-12 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focusses on the challenges and changes organizational management faces in an era when the need to develop environmentally aware processes meets high levels of competition. It covers the synergetic effects, how re-use, recycling, waste reduction, and other sustainable production strategies can add value, low costs and time of production. Sustainable business behavior is not only an environmental perspective on management, but more and more contains an organizational perspective. Taking into account these issues, green and lean management appears as the way managers can drive their employees to continuously improve the management processes that add value to the organization and costumers. This book provides information on principles, strategies, models, and applications of green and lean management, and at the same time communicates the latest research activity relating to this scientific field world-wide.

Using Microsoft Dynamics AX

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Publisher : Springer
ISBN 13 : 3658136227
Total Pages : 453 pages
Book Rating : 4.6/5 (581 download)

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Book Synopsis Using Microsoft Dynamics AX by : Andreas Luszczak

Download or read book Using Microsoft Dynamics AX written by Andreas Luszczak and published by Springer. This book was released on 2016-07-28 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides precise descriptions and instructions which enable users, students and consultants to understand Microsoft Dynamics AX rapidly. Microsoft offers Dynamics AX as its premium ERP solution, supporting large and mid-sized organizations with a complete business management solution which is easy to use. Going through a simple but comprehensive case study, this book provides the required knowledge to handle all basic business processes in Dynamics AX. Exercises are there to train the processes and functionality, also making this book a good choice for self-study.

Oversight of Department of Defense Hospital and Medical Supply System

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Publisher :
ISBN 13 :
Total Pages : 204 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Oversight of Department of Defense Hospital and Medical Supply System by : United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Oversight of Government Management

Download or read book Oversight of Department of Defense Hospital and Medical Supply System written by United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Oversight of Government Management and published by . This book was released on 1992 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

E-COMMERCE AND ITS IMPACT ON GLOBAL BUSINESS

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Publisher : Xoffencerpublication
ISBN 13 : 8119534204
Total Pages : 219 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis E-COMMERCE AND ITS IMPACT ON GLOBAL BUSINESS by : Dr. Bhadrappa Haralayya

Download or read book E-COMMERCE AND ITS IMPACT ON GLOBAL BUSINESS written by Dr. Bhadrappa Haralayya and published by Xoffencerpublication. This book was released on 2023-08-16 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transaction of products and services via the internet is referred to as "e-commerce," which is an abbreviation of the phrase "electronic commerce." It includes conducting commercial transactions and the exchange of information, goods, and services through the internet between various organizations, including consumers and enterprises. E-commerce has seen enormous growth in popularity and has fundamentally altered the method in which companies function as well as how customers purchase. E-commerce comprises a number of different models, such as business-to-consumer (B2C), consumer-to-consumer (C2C), and consumer-to-business (C2B). E-commerce that is conducted between companies and individual customers, known as business-to consumer or B2C for short, takes place entirely online. Transactions between companies are the primary emphasis of business-to-business, or B2B, e-commerce, which includes the sale of goods from wholesalers to retailers. C2C e-commerce refers to the practice of consumers doing business directly with one another via the use of online marketplaces to purchase and sell goods and services. Consumers providing products or services to companies is an example of business-to-business, or C2B, e commerce. This might include freelancing work or user-generated content. Many different things have contributed to the expansion of online shopping over the last few years. To begin, the proliferation of internet access and the steady march of technological progress have made it simpler for individuals to communicate with one another and do business through the internet. In addition, because of the ease of use and accessibility provided by e-commerce, this mode of doing business has become an appealing alternative for both consumers and companies. Consumers have the ability to buy from the convenience of their own homes while having access to a diverse selection of goods and services thanks to the rise of e-commerce, which also enables companies to access a worldwide client base and remain open around the clock. The term "global business" refers to the operation of commercial enterprises that extend beyond the confines of a single nation's borders. It includes the trading of products, 1 | P a ge services, and resources between other nations or areas of the world. The facilitation of commercial connections on a worldwide scale has been significantly aided by the rise of globalization as well as developments in transportation, communication, and technology. International commerce, foreign direct investment (also known as FDI), outsourcing, and multinational businesses (also known as MNCs) are all components that are included in global business. The movement of products and services across international boundaries is a fundamental aspect of international commerce. When a domestic corporation expands its activities into another nation, this is an example of foreign direct investment (FDI). The term "outsourcing" refers to the practice of contracting a business process or service to an external provider, who is often based in a foreign nation, in order to take advantage of the cost benefits or specialized skills offered by the external supplier. Multinational corporations (MNCs) are businesses that have activities and assets in more than one nation. This gives them the ability to do business on a worldwide scale. Participating in economic activities on a global scale comes with a number of benefits. It gives them access to broader markets, enables them to tap into new consumer groups, and helps them to diversify their income Sources. Companies may also reap the benefits of cost savings by doing business on a global scale. This might include gaining access to cheaper manufacturing costs or capitalizing on the specialized talents and reSources that are readily accessible in other nations. In addition, globalization has made it easier for people to share their information and ideas with one another, which has led to an increase in innovative practices and cross-national cooperation. However, doing business on a global scale also presents a number of problems. Companies are required to negotiate multiple cultural, legal, and regulatory settings, as well as manage the varying preferences of their customers and the circumstances of their target markets. They need to be able to comprehend various economic systems, languages, and commercial practices, as well as adapt to such differences. In addition, the likes of geopolitical considerations, trade restrictions, and currency changes may all have an effect on the operations of multinational businesses.

Blockchain, IoT, and AI Technologies for Supply Chain Management

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Author :
Publisher : Springer Nature
ISBN 13 :
Total Pages : 558 pages
Book Rating : 4.8/5 (688 download)

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Book Synopsis Blockchain, IoT, and AI Technologies for Supply Chain Management by : Veena Grover

Download or read book Blockchain, IoT, and AI Technologies for Supply Chain Management written by Veena Grover and published by Springer Nature. This book was released on with total page 558 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Surviving Supply Chain Integration

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Publisher : National Academies Press
ISBN 13 : 0309173418
Total Pages : 162 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Surviving Supply Chain Integration by : National Research Council

Download or read book Surviving Supply Chain Integration written by National Research Council and published by National Academies Press. This book was released on 2000-03-23 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The managed flow of goods and information from raw material to final sale also known as a "supply chain" affects everythingâ€"from the U.S. gross domestic product to where you can buy your jeans. The nature of a company's supply chain has a significant effect on its success or failureâ€"as in the success of Dell Computer's make-to-order system and the failure of General Motor's vertical integration during the 1998 United Auto Workers strike. Supply Chain Integration looks at this crucial component of business at a time when product design, manufacture, and delivery are changing radically and globally. This book explores the benefits of continuously improving the relationship between the firm, its suppliers, and its customers to ensure the highest added value. This book identifies the state-of-the-art developments that contribute to the success of vertical tiers of suppliers and relates these developments to the capabilities that small and medium-sized manufacturers must have to be viable participants in this system. Strategies for attaining these capabilities through manufacturing extension centers and other technical assistance providers at the national, state, and local level are suggested. This book identifies action steps for small and medium-sized manufacturersâ€"the "seed corn" of business start-up and developmentâ€"to improve supply chain management. The book examines supply chain models from consultant firms, universities, manufacturers, and associations. Topics include the roles of suppliers and other supply chain participants, the rise of outsourcing, the importance of information management, the natural tension between buyer and seller, sources of assistance to small and medium-sized firms, and a host of other issues. Supply Chain Integration will be of interest to industry policymakers, economists, researchers, business leaders, and forward-thinking executives.

Managing Supply Chain And Logistics: Competitive Strategy For A Sustainable Future

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Author :
Publisher : World Scientific Publishing Company
ISBN 13 : 9814602442
Total Pages : 432 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis Managing Supply Chain And Logistics: Competitive Strategy For A Sustainable Future by : Ling Li

Download or read book Managing Supply Chain And Logistics: Competitive Strategy For A Sustainable Future written by Ling Li and published by World Scientific Publishing Company. This book was released on 2014-07-18 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Supply Chain and Logistics: Competitive Strategy for a Sustainable Future explores practical ways of investing in a sustainable future through real-world cases which demonstrate various supply chain management strategies and tactics. By applying viable value creation strategies, operational models, decision-making techniques, and information technology, the author provides in-depth analyses of new initiatives such as collaborative planning, forecasting, and replenishment (CPFR); demonstrates competitive approaches to managing flows of material, information and fund in supply chain; and illustrates creative methods to apply data science and business intelligence. This book also promotes cross-functional decision-making, problem solving skills and offers a feasible approach to managing a volatile business. Readers will find this book a valuable resource to solve supply chain management practical problems with a sustainable future in mind.

Inventory and Production Management in Supply Chains

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Publisher : CRC Press
ISBN 13 : 1466558628
Total Pages : 810 pages
Book Rating : 4.4/5 (665 download)

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Book Synopsis Inventory and Production Management in Supply Chains by : Edward A. Silver

Download or read book Inventory and Production Management in Supply Chains written by Edward A. Silver and published by CRC Press. This book was released on 2016-12-19 with total page 810 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries.

Logistics and Supply Chain Innovation

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Author :
Publisher : Kogan Page Publishers
ISBN 13 : 1398607495
Total Pages : 417 pages
Book Rating : 4.3/5 (986 download)

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Book Synopsis Logistics and Supply Chain Innovation by : John Manners-Bell

Download or read book Logistics and Supply Chain Innovation written by John Manners-Bell and published by Kogan Page Publishers. This book was released on 2022-11-03 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global disruption, new technologies and changing consumer habits are causing turmoil in the supply chain industry. This book shows businesses how to remain resilient in this dynamic new environment. The supply chain crisis of 2021 exposed the necessity of a sustainable supply chain. The Fourth Industrial Revolution has transformed our society and economy. The logistics and supply chain industry continues to be innovated by automation, blockchain and sustainability. Amid all this volatility, it is vital for businesses to not only protect their operations from disruption, but to rise to the challenge that these innovations pose to become game-changers in their sectors. Now in its second edition, Logistics and Supply Chain Innovation provides vital insight into the major trends transforming the supply chain and logistics industry. Featuring a new section on the role of technologies in reducing carbon emissions, case studies from companies such as Amazon, Alibaba, Maersk, UPS and DHL, as well as a full update of all existing content on crowd sourcing and shipping, on-demand delivery, autonomous vehicles and more, Logistics and Supply Chain Innovation is the essential guide to thriving in a rapidly developing logistics landscape. Online supporting resources include PowerPoints and sample case studies.