Journal article
A JIT lot-splitting model for supply chain management: Enhancing buyer–supplier linkage
International journal of production economics, v 86(1), pp 1-10
11 Oct 2003
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
This study develops a buyer–supplier coordination model to facilitate frequent deliveries in small lot sizes in a manufacturing supply chain. The proposed model, based on the integrated total relevant costs of both buyer and supplier, determines optimal order quantity, the number of deliveries/setups, and shipping quantity over a finite planning horizon in a relatively simple JIT single buyer single supplier scenario. Under deterministic conditions for a single product, we show that the optimal delivery policy adopted by both buyer and supplier in a cooperative manner can be economically beneficial to both parties. It is shown that the optimal delivery size can be unique, regardless of the order quantity and the number of deliveries. Numerical results are also presented.
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Details
- Title
- A JIT lot-splitting model for supply chain management: Enhancing buyer–supplier linkage
- Creators
- Seung-Lae Kim - Drexel UniversityDaesung Ha - Marshall University
- Publication Details
- International journal of production economics, v 86(1), pp 1-10
- Publisher
- Elsevier
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Decision Sciences (and Management Information Systems)
- Web of Science ID
- WOS:000185360300001
- Scopus ID
- 2-s2.0-0041862633
- Other Identifier
- 991020546701104721
UN Sustainable Development Goals (SDGs)
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InCites Highlights
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- Collaboration types
- Domestic collaboration
- Web of Science research areas
- Engineering, Industrial
- Engineering, Manufacturing
- Operations Research & Management Science