DocumentCode
442037
Title
Dynamic optimizing of cycle service level in quick respond for strategic fit of supply chain
Author
Li, Xiu-Sen ; Sun, Shao-Rong
Author_Institution
Sch. of Manage., Univ. of Shanghai for Sci. & Technol., China
Volume
6
fYear
2005
fDate
18-21 Aug. 2005
Firstpage
3668
Abstract
Optimal cycle service level and replenishment policy is analyzed from single order to multiorder policy in quick response. The analysis shows that, in single order policy, service level of overstock cost shared is higher than not shared. In multiorder policy, the level keeps higher in the beginning of the season, stable in the following orders, and lower at the end of the season. The level in multiorder is higher than that in single order if the seller places more orders enough in the season. The dynamic optimizing of cycle service level achieves strategic fit between competitive and supply chain strategies over sales season´s life cycle, which benefits the whole supply chain.
Keywords
decision making; optimisation; order processing; strategic planning; supply chain management; decision making; dynamic optimization; multiorder policy; optimal cycle service; replenishment policy; supply chain strategic fit; Costs; Delay; Information science; Marketing and sales; Mathematics; Sun; Supply chain management; Supply chains; Technology management; Uncertainty; Cycle service level; quick response; sales season life cycle; strategic fit; supply chain;
fLanguage
English
Publisher
ieee
Conference_Titel
Machine Learning and Cybernetics, 2005. Proceedings of 2005 International Conference on
Conference_Location
Guangzhou, China
Print_ISBN
0-7803-9091-1
Type
conf
DOI
10.1109/ICMLC.2005.1527578
Filename
1527578
Link To Document