Investigating Inventory Strategy Under Demand Distribution Fluctuation in Dual-Channel Supply Chain

Frontiers in Physics

Zheng-Qun Cai¹  Jie Cheng¹  Nai-Ru Xu¹ 

[1] Hefei, China;

关键词: dual channel;    inventory optimization;    demand distribution;    supply chain;    online demand ratio;   

DOI  :  10.3389/fphy.2020.579652

来源: Frontiers

【 摘 要 】

When manufacturers construct a dual-channel distribution system, which includes online and offline sales channels, they need to solve the inventory management problem to ensure supply and reduce inventory costs of the supply chain system. The dual-channel supply chain is the research object, and the inventory decision model is designed to achieve optimal profit when market demand is divided into online and offline demands. The results of the numerical analysis and simulations, conducted using MATLAB, indicate that both the manufacturer and the retailer increase their inventories and that their profits decrease when demand uncertainty increases. Besides, the increase in the online demand ratio causes the increase in the manufacturer’s inventory and reduces the profits of the retailer and the entire supply chain.

【 授权许可】

CC BY