Supply Chain Shortage Tolerance of Short Life Cycle Products Based on Reliability Theory

Based on the characteristics of short life cycle products and the diversity of customer demands, from the perspective of shortage tolerance, using the reliability theory to research on the supply chain system of one supplier and one retailer, and further extends to multiple suppliers and one retailer. Within the given supply time, we obtain the threshold value of shortage tolerance to supply chain system of short life cycle products. Finally, this paper puts forward some proposals to promote cooperation in supply chain system of short life cycle products.