IDEAS home Printed from https://ideas.repec.org/a/ids/ijores/v10y2011i3p290-306.html
   My bibliography  Save this article

Supply chain coordination for minimisation of total cost with credit period approach

Author

Listed:
  • Ali Arkan
  • Taghi Rezvan
  • Seyed Reza Hejazi

Abstract

Supply chain coordination has gained considerable notice lately from both practitioners and researchers. This paper develops a model for illustrating how to use credit period to achieve supply chain coordination. A single vendor and a single buyer in a two-echelon supply chain are considered. The proposed model focuses on a centralised decision in the supply chain. We discuss how the credit period is to be determined in order to achieve channel coordination and a win–win outcome. Coordination can be achieved only in this case where both parties get a cost lower than the one in the case without coordination. The proposed model can improve the global system performance and its cost efficiency. Also, numerical examples are solved to show the efficiency of the proposed model.

Suggested Citation

  • Ali Arkan & Taghi Rezvan & Seyed Reza Hejazi, 2011. "Supply chain coordination for minimisation of total cost with credit period approach," International Journal of Operational Research, Inderscience Enterprises Ltd, vol. 10(3), pages 290-306.
    • Handle: RePEc:ids:ijores:v:10:y:2011:i:3:p:290-306
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=38903
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hadi Mokhtari & Mohammad Taghi Rezvan, 2020. "A single-supplier, multi-buyer, multi-product VMI production-inventory system under partial backordering," Operational Research, Springer, vol. 20(1), pages 37-57, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijores:v:10:y:2011:i:3:p:290-306. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=170 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.