Dynamic procurement in a capacitated supply chain facing uncertain demand

IIE Transactions (Institute of Industrial Engineers)

Volumn 40, Issue 8, 2008, Pages 733-748

  Erhun, Feryal ^a   Keskinocak, Pinar ^b   Tayur, Sridhar ^c  

^a Stanford University   (United States)

^b Georgia Institute of Technology   (United States)

^c CARNEGIE MELLON UNIVERSITY   (United States)

Author keywords

Advance capacity purchase; Dynamic pricing procurement; Stochastic price sensitive demand; Strategic interactions; Wholesale price contract

Indexed keywords

DYNAMIC MODELS; HELIUM; SALES; SUPPLY CHAIN MANAGEMENT; SUPPLY CHAINS;

(E ,3E) PROCESS; CLOSED FORM; DEMAND INFORMATION; DEMAND UNCERTAINTY; NASH EQUILIBRIUM (NE); NUMERICAL EXPERIMENTS; OPTIMAL CAPACITY; PROCUREMENT DECISIONS; SUPPLY CHAIN PARTNERS; TRADING PERIODS; UNCERTAIN DEMANDS; WHOLE SALE PRICES; WHOLESALE PRICE CONTRACT;

COMPETITION;

EID: 46449083745     PISSN: 0740817X     EISSN: 15458830     Source Type: Journal    
DOI: 10.1080/07408170701744827     Document Type: Article

References (18)

1. Anand, K., Anupindi, R. and Bassok, Y. (2002) The strategic use of inventories in procurement contracts, Marshall School of Business, University of Southern California, Los Angeles, CA
2. Burnetas, A. and Gilbert, S. (2001) Future capacity procurements under unknown demand and increasing costs. Management Science, 47:7, pp. 979-992.
3. Cachon, G. P. (2004) The allocation of inventory risk in a supply chain: push, pull, and advance-purchase discount contracts. Management Science, 50:2, pp. 222-238.
4. Cvsa, V. and Gilbert, S. M. (2002) Strategic commitment versus postponement in a two-tier supply chain. European Journal of Operational Research, 141:3, pp. 526-543.
5. Donohue, K. L. (2000) Efficient supply contracts for fashion goods with forecast updating and two production modes. Management Science, 46:11, pp. 1397-1411.
6. Erhun, F. (2007) Dynamic pricing in Cournot duopoly with two production periods, Department of Management Science and Engineering, Stanford University, Stanford, CA
7. Erhun, F. and Keskinocak, P. (2007) Collaborative supply chain management. Handbook of Production Planning, Kluwer Academic Publishers
8. Erhun, F., Keskinocak, P. and Tayur, S. (2008) Dynamic procurement, quantity discounts, and supply chain efficiency. Production and Operations Management
9. Erhun, F., Keskinocak, P. and Tayur, S. (2007) On-line addendum for "Dynamic procurement in a capacitated supply chain facing uncertain demand"
10. Ferguson, M. E. (2003) When to commit in a serial supply chain with forecast updating. Naval Research Logistics, 50:8, pp. 917-936.
11. Ferguson, M. E., DeCroix, G. A. and Zipkin, P. H. (2005) Commitment decisions with partial information updating. Naval Research Logistics, 52:8, pp. 780-795.
12. Iyer, V. V. and Bergen, M. E. (1997) Quick response in manufacturer-retailer channels. Management Science, 43:4, pp. 559-570.
13. Kawamoto, D. (2005) Apple lines up for Intel-Micron flash
14. Keskinocak, P., Charnsirisakskul, K. and Griffin, P. (2003) Supply chain procurement with inventory and backordering options, School of Industrial and Systems Engineering, Georgia Institute of Technology, Atlanta, GA
15. Keskinocak, P., Charnsirisakskul, K. and Griffin, P. (2008) Strategic inventory in capacitated supply chain procurement. Managerial and Decision Economics, 29:1, pp. 23-36.
16. Rungtusanatham, M., Salvador, F., Forza, C. and Choi, T. Y. (2003) Supply-chain linkages and operational performance: A resource-based-view perspective. International Journal of Operations & Production Management, 23:9, pp. 1084-1099.
17. Spencer, B. J. and Brander, J. A. (1992) Pre-commitment and flexibility: applications to oligopoly theory. European Economic Review, 36:8, pp. 1601-1626.
18. Taylor, T. (2006) Sale timing in a supply chain: When to sell to the retailer. M&SOM, 8:1, pp. 23-42.