Designing distribution systems to support vendor strategies in supply chain management

Article Abstract:

A multidisciplinary framework, which takes into account the interactions among a company's distribution system, market share and distribution expenses in developing profit optimizing distribution networks, is presented. The framework uses two decision support strategies: binary logit models for computing market share using various demand-affecting factors such as product price and distribution service, and a mixed-integer programming model for obtaining optimal distribution network designs.

Purchasing Management, Distribution Channels, Models, Purchasing

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Branch-and-price methods for prescribing profitable upgrades of high-technology products with stochastic demands

Article Abstract:

A model that can be used as a decision support tool to help manufacturers make profitable decisions in upgrading the features of a family of high-technology products over its life cycle is developed. A branch-and-price (B&P) approach is devised to deal with the sequential stochastic formulation, exploiting the block diagonal structure of the matrix of technological coefficients.

Forecasts, trends, outlooks, Management dynamics, Methods, Forecasts and trends, Market trend/market analysis, Technological innovations, Logistics, Business logistics, Company business management, Optimization theory, Mathematical programming

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