TY - JOUR
T1 - Multiple-supplier inventory models in supply chain management
T2 - A review
AU - Minner, Stefan
PY - 2003/1/11
Y1 - 2003/1/11
N2 - This paper reviews inventory models with multiple supply options and discusses their contribution to supply chain management. After discussing strategic aspects of supplier competition and the role of operational flexibility in global sourcing, inventory models which use several suppliers in order to avoid or reduce the effects of shortage situations are outlined. Further, related inventory problems from the fields of reverse logistics and multi-echelon systems are presented. Finally, issues for future research and a synthesis of available supply chain management and multiple supplier inventory models are discussed.
AB - This paper reviews inventory models with multiple supply options and discusses their contribution to supply chain management. After discussing strategic aspects of supplier competition and the role of operational flexibility in global sourcing, inventory models which use several suppliers in order to avoid or reduce the effects of shortage situations are outlined. Further, related inventory problems from the fields of reverse logistics and multi-echelon systems are presented. Finally, issues for future research and a synthesis of available supply chain management and multiple supplier inventory models are discussed.
KW - Inventory management
KW - Multiple supply modes
KW - Supply chain management
UR - http://www.scopus.com/inward/record.url?scp=18344412081&partnerID=8YFLogxK
U2 - 10.1016/S0925-5273(02)00288-8
DO - 10.1016/S0925-5273(02)00288-8
M3 - Article
AN - SCOPUS:18344412081
SN - 0925-5273
VL - 81-82
SP - 265
EP - 279
JO - International Journal of Production Economics
JF - International Journal of Production Economics
ER -