Procurement decisions in multi-period supply chain

Izabela Nielsen, Subrata Saha*

*Corresponding author for this work

Research output: Contribution to book/anthology/report/conference proceedingArticle in proceedingResearchpeer-review


Pricing and ordering decision in multi-period supply chain environments is not explored comprehensively. We consider three pragmatic procurement scenarios where the retailer can procure products (i) by maintaining strategic inventory, (ii) in bulk in first-period and distribute them in forthcoming selling period, and (iii) without maintaining any inventory. The results suggest that conventional single period planning exhibit sub-optimal characteristics. Build-up strategic inventory is not always profitable for the retailer. The retailer can also earn more profits by employing a bulk procurement strategy.

Original languageEnglish
Title of host publicationAdvances in Production Management Systems. Production Management for Data-Driven, Intelligent, Collaborative, and Sustainable Manufacturing - IFIP WG 5.7 International Conference, APMS 2018, Proceedings
EditorsIlkyeong Moon, Jinwoo Park, Gyu M. Lee, Dimitris Kiritsis, Gregor von Cieminski
Number of pages10
PublisherSpringer Publishing Company
Publication date1 Jan 2018
ISBN (Print)9783319997032
Publication statusPublished - 1 Jan 2018
EventIFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2018 - Seoul, Korea, Republic of
Duration: 26 Aug 201830 Aug 2018


ConferenceIFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2018
Country/TerritoryKorea, Republic of
SeriesI F I P Advances in Information and Communication Technology


  • Game theory
  • Inventory
  • Multi-period supply chain


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