Improving the Performance of Distribution Supply Chains

Event Details
  • Date/Time:
    • Thursday March 27, 2008
      1:30 pm - 2:30 pm
  • Location: Executive Classroom, Main Bldg.
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    $0.00
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Contact
Pinar Keskinocak
ISyE
Contact Pinar Keskinocak
404-894-2300
Summaries

Summary Sentence: Improving the Performance of Distribution Supply Chains

Full Summary: Improving the Performance of Distribution Supply Chains By Using Scheduled Synchronized Ordering with Information Sharing

Title: Improving the Performance of Distribution Supply Chains By Using Scheduled Synchronized Ordering with Information Sharing

Speaker: Professor Srinagesh Gavirneni, Cornell University

Abstract: We study a supply chain with one supplier and many retailers that face exogenous end-customer demands. In contrast to the retailers' newsvendor type ordering behavior, we propose a scheduled Synchronized Ordering Policy (SOP), under which all the retailers order freely in the same and only one period of an ordering cycle, and receive fixed shipments in other periods. We identify mathematical conditions under which SOP outperforms the newsvendor type ordering and corroborate them with numerical studies. We also compare SOP to Balanced Ordering Policy (BOP), under which the retailers take turns to order freely in one period of the cycle, and receive fixed shipments in other periods.

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H. Milton Stewart School of Industrial and Systems Engineering (ISYE)

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Seminar/Lecture/Colloquium
Keywords
Srinagesh Gavirneni
Status
  • Created By: Barbara Christopher
  • Workflow Status: Published
  • Created On: Oct 12, 2009 - 5:20pm
  • Last Updated: Oct 7, 2016 - 9:47pm