Use of the EOQ model for inventory analysis
Production and Inventory Management
The interdisciplinary study of coordination
ACM Computing Surveys (CSUR)
Channel coordination and quantity discounts
Management Science
Backup agreements in fashion buying—the value of upstream flexibility
Management Science
The Quantity Flexibility Contract and Supplier-Customer Incentives
Management Science
Supply chain models for perishable products under inflation and permissible delay in payment
Computers and Operations Research
Marketing Science
Designing And Managing The Supply Chain
Designing And Managing The Supply Chain
Application of fuzzy clustering in financial analysis of logistic companies
MATH'07 Proceedings of the 11th WSEAS International Conference on Applied Mathematics
Achieving better coordination through revenue sharing and bargaining in a two-stage supply chain
Computers and Industrial Engineering
Computers and Industrial Engineering
Expert Systems with Applications: An International Journal
Trade credit term determination under supply chain coordination: a principal-agent model
ICIC'07 Proceedings of the intelligent computing 3rd international conference on Advanced intelligent computing theories and applications
Computers and Industrial Engineering
Computers and Industrial Engineering
Computers and Industrial Engineering
Disruption management for a dominant retailer with constant demand-stimulating service cost
Computers and Industrial Engineering
Computers and Industrial Engineering
Computers and Industrial Engineering
Two level supply chain coordination with delay in payments for fixed lifetime products
Computers and Industrial Engineering
Expert Systems with Applications: An International Journal
Integrated supply chain model for a deteriorating item with procurement cost dependent credit period
Computers and Industrial Engineering
A joint model for cash and inventory management for a retailer under delay in payments
Computers and Industrial Engineering
Coordinating a three-level supply chain with delay in payments and a discounted interest rate
Computers and Industrial Engineering
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Achieving effective coordination among suppliers and retailers has become a pertinent research issue in supply chain management. Channel coordination is a joint decision policy achieved by a supplier(s) and a retailer(s) characterized by an agreement on the order quantity and the trade credit scenario (e.g., quantity discounts, delay in payments). This paper proposes a centralized model where players in a two-level (supplier-retailer) supply chain coordinate their orders to minimize their local costs and that of the chain. In the proposed supply chain model the permissible delay in payments is considered as a decision variable and it is adopted as a trade credit scenario to coordinate the order quantity between the two-levels. Computational results indicate that with coordination, the retailer orders in larger quantities than its economic order quantity, with savings to either both players, or to one in the supply chain. Moreover, a profit-sharing scenario for the distribution of generated net savings among the players in the supply chain is presented. Analytical and experimental results are presented and discussed to demonstrate the effectiveness of the proposed model.