AN INVENTORY CONTROL POLICY WITH TRACKING INFORMATION FOR DUAL-CHANNEL SUPPLY CHAINS

  • Hidehiro Nagao Hiroshima University
  • Katsuhiko Takahashi Hiroshima University
  • Katsumi Morikawa Hiroshima University
  • Daisuke Hirotani Hiroshima University
Keywords: Dual-channel supply chain, Replenishment lead time, Lot replenishment, Tracking information, Markov analysis

Abstract

Recently, many products have been sold through retail stores and direct sales via the Internet. For dual-channel supply chains, Chiang and Monahan (2010) and Chiang (2010) have proposed an inventory control policy; however, they assumed one-for-one replenishment and short replenishment lead times. For single-channel supply chains with long and uncertain replenishment lead times, Liu et al. (2009) have introduced tracking information into inventory control. However, they did not consider the cost of tracking information. Therefore, in this paper, a Markov chain model for dual-channel supply chains with long and uncertain replenishment lead times is developed, and an inventory control policy is proposed that considers tracking information and its cost. The performance of the proposed policy is evaluated and compared with two policies, one without tracking information and the other without reduplicated normal replenishment. The results show the effectiveness of the proposed policy.

Author Biographies

Hidehiro Nagao, Hiroshima University

Hidehiro Nagao was a master course student of Graduate School of Engineering, Hiroshima University and graduated in 2011. Now, he is working as an industrial engineer in an automobile parts manufacturing company.

Katsuhiko Takahashi, Hiroshima University
Katsuhiko Takahashi is a professor of production systems engineering in Graduate School of Engineering, Hiroshima University, Japan. His research interest is production control systems and supply chain management.
Katsumi Morikawa, Hiroshima University

Katsumi Morikawa is an associate professor of production systems engineering in Graduate School of Engineering, Hiroshima University, Japan. He has interest in production planning and scheduling.

Daisuke Hirotani, Hiroshima University
Daisuke Hirotani is an assistant professor of production systems engineering in Graduate School of Engineering, Hiroshima University, Japan. He has interest in production systems.
Published
2011-11-16
How to Cite
Nagao, H., Takahashi, K., Morikawa, K., & Hirotani, D. (2011). AN INVENTORY CONTROL POLICY WITH TRACKING INFORMATION FOR DUAL-CHANNEL SUPPLY CHAINS. Brazilian Journal of Operations & Production Management, 8, 121-146. Retrieved from https://bjopm.emnuvens.com.br/bjopm/article/view/V8N2A7
Section
Articles