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Vendor selection and order quantity allocation in volume discount environments

Vendor selection and order quantity allocation in volume discount environments This article presents a multiobjective mixed integer programming approach to simultaneously determine the number of vendors to employ and the order quantities to allocate to these vendors in a multiple-product, multiple-supplier competitive sourcing environment. The selection process is driven by the price, delivery, and quality objectives of the buyer and subject to the capacity constraints of the vendors. In this context, the vendors offer discounts on total amount of sales volumes not on the quantity or variety of products purchased from them. The paper presents a solution methodology to the multiobjective problem. Results of a computational experiment suggest that real-world applications of the proposed model are both computationally practical and realistic. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Supply Chain Management An International Journal Emerald Publishing

Vendor selection and order quantity allocation in volume discount environments

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References (17)

Publisher
Emerald Publishing
Copyright
Copyright © 2003 MCB UP Ltd. All rights reserved.
ISSN
1359-8546
DOI
10.1108/13598540310490099
Publisher site
See Article on Publisher Site

Abstract

This article presents a multiobjective mixed integer programming approach to simultaneously determine the number of vendors to employ and the order quantities to allocate to these vendors in a multiple-product, multiple-supplier competitive sourcing environment. The selection process is driven by the price, delivery, and quality objectives of the buyer and subject to the capacity constraints of the vendors. In this context, the vendors offer discounts on total amount of sales volumes not on the quantity or variety of products purchased from them. The paper presents a solution methodology to the multiobjective problem. Results of a computational experiment suggest that real-world applications of the proposed model are both computationally practical and realistic.

Journal

Supply Chain Management An International Journal – Emerald Publishing

Published: Oct 1, 2003

Keywords: Purchasing; Volume measurement; Selection

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