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Pooling lead-time risk by order splitting: A critical review

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  • Thomas, Douglas J.
  • Tyworth, John E.

Abstract

After more than 20 years of extensive study, the policy of pooling lead-time risk by simultaneously splitting replenishment orders among several suppliers continues to attract the attention of researchers. A critical review of the extant literature is conducted. Important and persistent limitations of current research are revealed that may make the policy uneconomical, in general, and more promising research directions are suggested.

Suggested Citation

  • Thomas, Douglas J. & Tyworth, John E., 2006. "Pooling lead-time risk by order splitting: A critical review," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 42(4), pages 245-257, July.
    • Handle: RePEc:eee:transe:v:42:y:2006:i:4:p:245-257
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