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9 a.m. – 7 p.m.
Phone: (843) 766-6635
Main Library
9 a.m. - 8 p.m.
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Folly Beach Library
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Phone: (843) 588-2001
John L. Dart Library
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St. Paul's/Hollywood Library
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Mt. Pleasant Library
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Edgar Allan Poe/Sullivan's Island Library
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Wando Mount Pleasant Library
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Retailer’s sourcing strategy under consumer stockpiling in anticipation of supply disruptions.
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- Author(s): Yoon, Jiho; Narasimhan, Ram; Kim, Myung Kyo
- Source:
International Journal of Production Research; May2018, Vol. 56 Issue 10, p3615-3635, 21p, 1 Diagram, 3 Charts, 8 Graphs- Subject Terms:
- Source:
- Additional Information
- Abstract: We study a retailer’s sourcing strategy under consumers’ stockpiling behaviour and the factors associated with the selection of an optimal strategy in multi-tier supply chains in the presence of supply disruption risk. Stockpiling behaviour occurs when consumers attempt to mitigate the negative impact of a supply shortage. We prove that those behaviours become stronger if consumers have experienced similar problems before and weaker as more inventories are hoarded. Based on these findings, numerical analysis is carried out to compare the superiority of single sourcing versus dual sourcing from retailer’s perspective. Our results suggest that the superiority is highly dependent on factors such as supplier’s volume flexibility, retailer’s purchasing price, and supplier reliability. [ABSTRACT FROM AUTHOR]
- Abstract: Copyright of International Journal of Production Research is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Abstract:
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