[1] Li Shanshan, He Yong,. Dynamic mitigation strategy for stock-outbased on joint compensation and procurement [J]. Journal of Southeast University (English Edition), 2019, 35 (4): 509-515. [doi:10.3969/j.issn.1003-7985.2019.04.014]
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Dynamic mitigation strategy for stock-outbased on joint compensation and procurement(
)
基于补偿和采购的缺货动态联合应急策略
)Journal of Southeast University (English Edition)[ISSN:1003-7985/CN:32-1325/N]
- Volumn:
- 35
- Issue:
- 2019 4
- Page:
- 509-515
- Research Field:
- Economy and Management
- Publishing date:
- 2019-12-30
Info
- Title:
- Dynamic mitigation strategy for stock-outbased on joint compensation and procurement
- 基于补偿和采购的缺货动态联合应急策略
- Author(s):
- Li Shanshan; He Yong
- School of Economics and Management, Southeast University, Nanjing 211189, China
- Keywords:
- emergency sourcing; compensating; supply disruption; reactive strategy
- PACS:
- F253.4
- DOI:
- 10.3969/j.issn.1003-7985.2019.04.014
- Abstract:
- Combining compensating customers and emergency sourcing, a type of dynamic mitigation strategy is proposed to deal with supply disruptions. When a stock-out occurs, the retailer can control backorders by the compensation level, and meet demand through an emergency source along with a high price. The unsatisfied customers decide to backorder or quit orders depending on the compensation level, the waiting time, and the customers’ patience. By dynamically capturing customers’ post-disruption reactions, an optimal control model is formulated to minimize the cost incurred by the supply disruption. Solving the model, the optimal reactive strategy is proposed in six patterns: a pure sourcing, a pure compensation, a mixed policy, a mixed policy-pure sourcing, a mixed policy-pure compensation, and a pure compensation-mixed policy, mainly depending on the compensation cost, the disruption length, and the customers’ patience. The strategies analytically indicate how to properly change the compensation level and sourcing quantity as the disruption continues. The conditions for effectively using each strategy are provided as well.
- 针对供应中断, 提出了一种基于顾客补偿和应急采购的动态联合应急策略.缺货事件发生后, 零售商通过调节补偿水平控制顾客留存率, 或者转向一个供应价格较高的应急供应商进行临时采购从而即时满足顾客订单.其中, 顾客留存率取决于延迟交货时间、补偿水平、以及顾客的耐心度.通过动态刻画顾客的缺货反应行为, 构建一个以最大限度减少中断损失为目标的最优控制模型.基于该模型, 提出一类最优应急策略.根据顾客补偿成本、中断持续时长、与顾客耐心度等因素, 该应急策略呈现6种结构形式:纯采购、纯补偿、联合采购与补偿、联合-纯采购、联合-纯补偿及纯补偿-联合.明确了每一种策略形式的有效使用条件, 为零售商在供应中断持续期间如何联合动态的调整补偿水平与采购数量提供了有效的建议与参考.
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Memo
- Memo:
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Biographies: Li Shanshan(1984—), female, graduate; He Yong(corresponding author), male, doctor, professor, hy@seu.edu.cn.
Foundation items: The National Natural Science Foundation of China(No.71771053, 71371003), the Key Research and Development Plan(Modern Agriculture)of Jiangsu Province(No.BE2018385), the Fundamental Research Funds for the Central Universities.
Citation: Li Shanshan, He Yong. Dynamic mitigation strategy for stock-out based on joint compensation and procurement[J].Journal of Southeast University(English Edition), 2019, 35(4):509-515.DOI:10.3969/j.issn.1003-7985.2019.04.014.