Streamlining inventory flows with time discounts to improve the profits of a decentralized supply chain

International Journal of Production Economics

Volumn 132, Issue 2, 2011, Pages 230-239

  Wang, Qinan ^a   Chay, Yiowmin ^a   Wu, Zhang ^b  

^a NANYANG TECHNOLOGICAL UNIVERSITY   (Singapore)

^b NANYANG TECHNOLOGICAL UNIVERSITY   (Singapore)

Author keywords

Price discount; Supply chain coordination; Time discount

Indexed keywords

COORDINATION STRATEGY; DECENTRALIZED SUPPLY CHAINS; INVENTORY FLOWS; PRICE DISCOUNT; QUANTITY DISCOUNT; SUPPLY CHAIN COORDINATION; SYSTEM COSTS; TIME DISCOUNT;

COSTS; FREIGHT TRANSPORTATION; PROFITABILITY; SUPPLY CHAIN MANAGEMENT;

SUPPLY CHAINS;

EID: 79957708355     PISSN: 09255273     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ijpe.2011.04.013     Document Type: Article

References (37)

1. N. Altintas, F. Erhun, and S. Tayur Quantity discounts under demand uncertainty Management Science 54 4 2008 777 792
2. Arshinder, A. Kanda, and S.G. Deshmukh Supply chain coordination: perspectives, empirical studies, and research directions International Journal of Production Economics 115 2008 316 335
3. N. Bellantuono, H. Giannoccaro, P. Pontrandolfo, and C.S. Tang The implications of joint adoption of revenue sharing and advanced booking discount programs International Journal of Production Economics 121 2009 383 394
4. F. Bernstein, and A. Federgruen Pricing and replenishment strategies in a distribution system with competing retailers Operations Research 51 2003 409 426
5. F. Chen, A. Federgruen, and Y.S. Zheng Coordination mechanisms for a distribution system with one supplier and multiple retailers Management Science 47 5 2001 693 708 (Pubitemid 34192792)
6. J. Crowther Rationale for quantity discounts Harvard Business Review 42 MarchApril 1964 121 127
7. R.J. Dolan A normative model of industrial buyer response to quantity discounts S.C. Jain, Research Frontiers in Marketing: Dialogues and Directions 1978 American Marketing Association Chicago, IL 121 125
8. R.J. Dolan Quantity discounts: managerial issues and research opportunities Marketing Science 6 1 1987 1 22
9. S.C. Graves, and L.B. Schwarz Single cycle continuous review policies for arborescent production/inventory systems Management Science 23 1977 529 540
10. P. Iyogun, and D. Atkins A lower bound and an efficient heuristic for multistage multiproduct distribution systems Management Science 39 2 1993 204 217
11. P.L Jackson, W.L. Maxwell, and J.A. Muckstadt Determining optimal reorder intervals in capacitated productiondistribution systems Management Science 34 8 1988 938 959
12. P. Joglekar, and S. Tharthare The individually responsible and rationale decision approach to economic lot sizes for one vendor and many purchases Decision Sciences 21 1990 492 506
13. T.D. Klastorin, K. Moindadeh, and J. Son Coordinating orders in supply chains through price discounts IIE Transactions 34 2002 679 689 (Pubitemid 34515115)
14. R. Lal, and R. Staelin An approach for developing an optimal discount pricing policy Management Science 30 12 1984 1524 1539
15. H.L. Lee, and M.J. Rosenblatt A generalized quantity discount pricing model to increase suppliers profits Management Science 32 9 1986 1177 1785
16. X. Li, and Q. Wang Coordination mechanisms of supply chain systems European Journal of Operational Research 179 2007 1 16 (Pubitemid 44809573)
17. J.S. Mitchell 98%-Effective lot sizing for one-warehouse, multi-retailer inventory systems with backlogging Operations Research 35 3 1986 399 404
18. J.P. Monahan A quantity pricing model to increase vendor profits Management Science 34 11 1984 1398 1400
19. C. Munson, and M. Rosenblatt Theories and realities of quantity discounts: an exploratory study Production and Operations Management 7 1998 352 359
20. C. Munson, and M. Rosenblatt Coordinating a three-level supply chain with quantity discounts IIE Transactions 33 2001 371 384 (Pubitemid 32394200)
21. J.A. Muckstadt, and R. Roundy Multi-item, one-warehouse, multi-retailer distribution systems Management Science 33 12 1987 1613 1621 (Pubitemid 18537147)
22. M. Parlar, and Q. Wang Discounting decisions in a supplierbuyer relationship with a linear buyers demand IIE Transactions 26 2 1994 34 41
23. H.L. Richardson Cross docking: information flow saves space Transportation and Distribution 40 11 1999 51 54
24. R. Roundy 98%-Effective integer-ratio lot-sizing for one-warehouse multi-retailer systems Management Science 31 11 1985 1416 1430 (Pubitemid 15600726)
25. R. Roundy A 98%-effective lot sizing rule for a multi-product, multi-stage production/distribution system Mathematics of Operations Research 11 4 1986 699 727
26. R. Roundy Rounding off to powers of two in continuous relaxations of capacitated lot sizing problems Management Science 35 12 1989 1433 1442
27. L.B. Schwarz A simple continuous review deterministic one-warehouse n-retailer inventory problem Management Science 19 5 1973 555 566
28. E.A. Silver, D.F. Pyke, and R. Peterson Inventory Management and Production Planning and Scheduling third ed. 1998 John Willey and Sons New York
29. J. Tirole The Theory of Industrial Organizations 1988 The MIT Press Cambridge, MA
30. S. Viswanathan, and R. Piplani Coordinating supply chain inventories through common replenishment epochs European Journal of Operational Research 129 2001 227 286
31. Q. Wang Coordinating independent buyers in a distribution system to increase a vendors profits Manufacturing and Service Operations Management 3 4 2001 337 348 (Pubitemid 33664118)
32. Q. Wang Determination of suppliers quantity discount schedules with heterogeneous buyers Naval Research Logistics 49 2002 46 59 (Pubitemid 34125388)
33. Q. Wang Coordinating independent buyers with integer-ratio time coordination and quantity discounts Naval Research Logistics 51 2004 316 331
34. Q. Wang, and Z. Wu Improving a suppliers quantity discount gain from many different buyers IIE Transactions 32 11 2000 1071 1079
35. Q. Wang Discount pricing policies and the coordination of decentralized distribution systems Decision Sciences 36 4 2005 627 646 (Pubitemid 43934840)
36. Z.K. Weng Channel coordination and quantity discounts Management Science 41 9 1995 1509 1522
37. P.H. Zipkin Foundations of Inventory Management 2000 McGraw Singapore