Studying the impact of various inventory policies on a supply chain with intermittent supply disruptions

Proceedings - Winter Simulation Conference

Volumn , Issue , 2011, Pages 1636-1644

  Samvedi, Avinash ^a   Jain, Vipul ^a  

^a INDIAN INSTITUTE OF TECHNOLOGY DELHI   (India)

Author keywords

[No Author keywords available]

Indexed keywords

BACKORDERS; CRITICAL COMPONENT; DELIVERY DELAY; INVENTORY MANAGEMENT; INVENTORY POLICIES; OUTPUT PARAMETERS; PARAMETER VALUES; SUPPLY DISRUPTION; SUPPLY RISK;

DISCRETE EVENT SIMULATION; SUPPLY CHAIN MANAGEMENT;

INVENTORY CONTROL;

EID: 84858019208     PISSN: 08917736     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/WSC.2011.6147880     Document Type: Conference Paper

References (23)

1. Arrow, A. K., T. E., Harris and T. Marschak. 1951. "Optimal Inventory Policy." Econometrica 19:250-272.
2. Chen, Y. and S. Wang. 2010. "Investigating The Impacts Of Dynamic Pricing And Price-Sensitive Demand On An Inventory System In The Presence Of Supply Disruptions." In Proceedings of the 2010 Winter Simulation Conference, ed. B. Johansson, S. Jain, J. Montoya-Torres, J. Hugan, and E. Yucesan, 1809-1819. Piscataway, New Jersey: Institute of Electrical and Electronics Engineers, Inc.
3. Chen, Y., and X. Li. 2009. "The Effect Of Customer Segmentation On An Inventory System In The Presence Of Supply Disruptions." In Proceedings of the 2009 Winter Simulation Conference, ed. M. D. Rossetti, R. R. Hill, B. Johansson, A. Dunkin, and R. G. Ingalls, 1610-1621. Piscataway, New Jersey: Institute of Electrical and Electronics Engineers, Inc.
4. Christopher, M., Lee, H., 2004. "Mitigating Supply Chain Risk Through Improved Confidence." International Journal of Physical Distribution and Logistics Management 34 (5): 388-396.
5. Craighead, C.W., J. Blackhurst, M.J. Rungtusanatham and R.B. Handfield. 2007. "The Severity Of Supply Chain Disruptions: Design Characteristics And Mitigation Capabilities." Decision Sciences 38(1): 131-156.
6. Gupta, D. 1996. "The (Q, R) Inventory System With An Unreliable Supplier." INFOR 34 (2): 59-76.
7. Hadley, G., and T. M. Whitin. 1963. Analysis of inventory systems. Prentice-Hall, Inc., Englewood Cliffs, N.J.
8. Hendricks, K.B. and V.R. Singhal. 2005. "An Empirical Analysis Of The Effect Of Supply Chain Disruptions On Long-Run Stock Price Performance And Equity Risk Of The Firm." Production and Operations Management 14 (1): 35-52. (Pubitemid 40763475)
9. Lewis, B. 2005. "Inventory Control With Risk Of Major Supply Chain Disruptions." Ph. D. thesis, Georgia Institute of Technology.
10. Li, X., and Y. Chen. 2010. "Impacts of supply disruptions and customer differentiation on a partial-backordering inventory system." Simulation Modelling Practice and Theory 18:547-557.
11. Mohebbi, E. 2003. "Supply Interruptions In A Lost-Sales Inventory System With Random Lead Time."Computers & Operations Research 30:411-426. (Pubitemid 36650128)
12. Mohebbi, E. 2004. "A Replenishment Model For The Supply-Uncertainty Problem." International Journal of Production Economics 87:25-37.
13. Norrman, A. and U. Jansson. 2004. "Ericsson's Proactive Supply Chain Risk Management Approach After A Serious Sub-Supplier Accident." International Journal of Physical Distribution and Logistics Management 34/5: 434-456.
14. Ozekici, S. and M. Parlar. 1999. "Inventory Models With Unreliable Suppliers In A Random Environment."Annals of Operations Research 91:123-136.
15. Parlar, M., Y. W. and Y. Gerchak. 1995. "A Periodic Review Inventory Model With Markovian Supply Availability." International Journal of Production Economics 42:131-136.
16. Scarf, H., "The Optimality Of (S; S) Policies In The Dynamic Inventory Problem," in Mathematical Methods in the Social Sciences (Arrow, K., Karlin, S., and Suppes, P., eds.), pp. 196-202, Stanford, CA: Stanford University Press, 1977.
17. Sheffi, Y. and J.B. Rice. 2005. "A Supply Chain View Of The Resilient Enterprise." MIT Sloan Management Review 47 (1):41-48.
18. Song, J., and P. Zipkin. 1996. "Inventory Control With Information About Supply Conditions." Management Science 42 (10): 1409-1419. (Pubitemid 126592438)
19. Tang, C.S. 2006. "Perspectives In Supply Chain Risk Management." International Journal of Production Economics 103: 451-488. (Pubitemid 44038496)
20. Wagner, S.M. and C. Bode. 2006. "An Empirical Investigation Into Supply Chain Vulnerability." Journal of Purchasing and Supply Management 12(6):301-312.
21. Weiss, H. and C. Rosenthal. 1992. "Optimal Ordering Policies When Anticipating A Disruption In Supply Or Demand," European Journal of Operational Research 59:370-382.
22. Wilson, R. 1934. "A Scientific Routine For Stock Control." Harvard Business Review 13:116-128.
23. Zsidisin, G.A., A. Panelli and R. Upton. 2000. "Purchasing Organization Involvement In Risk Assessments, Contingency Plans, And Risk Management: An Exploratory Study." Supply Chain Management 5(4):187.