Supplier ratings and dynamic sourcing strategies to mitigate supply disruption risks (Record no. 51430)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01734nam a2200217 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190612125615.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 190612b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Basu, Preetam |
| 9 (RLIN) | 33718 |
| 245 ## - TITLE STATEMENT | |
| Title | Supplier ratings and dynamic sourcing strategies to mitigate supply disruption risks |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | The selection of a sourcing strategy plays a vital role in managing supply disruptions. The choice regarding the number of suppliers is one of the most important decisions in mitigating supply side risks. In this paper, we analyze single versus dual sourcing strategies of a buying organization in a multi-period setting where the low-cost supplier is exposed to disruption risks. We incorporate supplier ratings based on the performance of the suppliers in a dynamic setting and use them in the sourcing decisions. We develop a stochastic dynamic programming model to formulate the dual-sourcing problem. Our results show that dual sourcing provides maximum cost–benefit under high probability of supply disruption and high-cost differential between the reliable and the unreliable suppliers. The findings of this paper will help supply chain managers formulate optimal sourcing strategies when exposed to supply disruption risks by integrating performance metrics of the suppliers dynamically. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Sourcing strategies |
| Uncontrolled term | Dual sourcing |
| Uncontrolled term | Supply chain risk management |
| Uncontrolled term | Vendor rating |
| Uncontrolled term | Stochastic dynamic programming |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Ghosh, Soumita |
| 9 (RLIN) | 33719 |
| Personal name | Kumar, Milan |
| 9 (RLIN) | 33720 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29297 |
| Host Itemnumber | 74850 |
| Main entry heading | CHAKRABARTI, BHASKAR |
| Place, publisher, and date of publication | INDIAN INSTITUTE OF MANAGEMENT CALCUTTA CALCUTTA |
| Other item identifier | 55510426 |
| Title | DECISION |
| International Standard Serial Number | 0304-0941 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 12/06/2019 | Vol 46, No 1/ 55510426JA5 | 55510426JA5 | 12/06/2019 | 12/06/2019 |