A delayed demand supply chain: Incentives for upstream players

作者：Hosoda Takamichi^*; Disney Stephen M

来源：Omega-International Journal of Management Science, 2012, 40(4): 478-487.

DOI：10.1016/j.omega.2011.09.005

• Information delay
• Inventory
• Manufacturing
• Order-up-to policy
• Stochastic process
• Supply chain management
• Time series
• RFID

We study a decentralized supply chain where only delayed market demand information is available for making replenishment decisions. The impact of this delay is quantified in a serially linked two-level supply chain where each player exploits the order-up-to replenishment policy. The market demand is assumed to be a first-order autoregressive process. It is shown that the first level of the supply chain benefits from shorter time delays; however, the benefit for the second level is quite minor at best and can sometimes even be (counter-intuitively) detrimental. We conclude that the second level does not have a strong incentive to reduce the time delays in the shared market demand information.

• 出版日期2012-8