Bi-level credit period coordination for periodic review inventory system with price-credit dependent demand under time value of money

A bi-level credit period coordination scheme is proposed for a supplier-retailer supply chain with a periodic review replenishment policy and price-credit dependent demand. The credit period offered by the retailer to its customers is a promotional effort to induce customer demand and gain market share. The authors model the problem under decentralized, centralized, and coordinated structures. Through the incentive scheme, the supplier seeks to increase the retailer’s credit period by offering the retailer a credit period. The authors results suggest that coordinating the inventory, pricing, and credit financing can improve the overall chain and individual member profitability.

• Record URL:
  • https://doi.org/10.1016/j.tre.2018.04.008
• Record URL:
  • http://www.sciencedirect.com/science/article/pii/S1366554517310323
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/13665545
• Supplemental Notes:
  • Abstract reprinted with permission of Elsevier.
• Authors:
  • Johari, Maryam
  • Hosseini-Motlagh, Seyyed-Mahdi
  • Nematollahi, Mohammadreza
  • Goh, Mark
  • Ignatius, Joshua
• Publication Date: 2018-6

Language

• English

Media Info

• Media Type: Web
• Features: Appendices; Figures; References; Tables;
• Pagination: pp 270-291
• Serial:
  • Transportation Research Part E: Logistics and Transportation Review
  • Volume: 114
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 1366-5545
  • Serial URL: http://www.sciencedirect.com/science/journal/13665545

Subject/Index Terms

• TRT Terms: Credit; Demand; Inventory; Pricing; Retail trade; Suppliers; Supply chain management
• Subject Areas: Finance; Freight Transportation; Planning and Forecasting;

Filing Info

• Accession Number: 01673092
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 22 2018 4:42PM