A mathematical model for supplier selection in supply chain considering inventory control and pricing problems

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MAHMOUDI AMIN; MOJIBIAN FATEMEH; Nori Sabet Afrooz

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Paper Information

Journal: DECISIONS AND OPERATIONS RESEARCH Year:2019 | Volume:4 | Issue:3 Page(s): 221-231

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Title

A mathematical model for supplier selection in supply chain considering inventory control and pricing problems

Author(s)

MAHMOUDI AMIN | MOJIBIAN FATEMEH | Nori Sabet Afrooz | Issue Writer Certificate

Keywords

Supply chain

Supplier Selection

Inventory Management

Pricing

Abstract

In today’ s highly competitive business environment, which is known by characteristics of low profitability, high customer expectations for high quality products and a minimum waiting time, make companies efforts to transform constraints into opportunities for gaining competitive advantage by optimizing their business processes. In such situation, appropriate Supplier Selection can play a key role in the efficiency and effectiveness of the organization and have a direct impact on reducing costs, profitability and flexibility of a company. The purpose of this research is to provide a Supplier Selection model with simultaneous consideration of two sources of inventory control and Pricing in the Supply chain. To assess the validity and reliability of the model, the actual data of the Seven Diamond Industries Company including input materials (Hot Roll) and products (galvanized sheets) have been used. Proposed model is coded in the GAMS software and its results have been analyzed.

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APA: Copy

MAHMOUDI, AMIN, MOJIBIAN, FATEMEH, & Nori Sabet, Afrooz. (2019). A mathematical model for supplier selection in supply chain considering inventory control and pricing problems. DECISIONS AND OPERATIONS RESEARCH, 4(3 ), 221-231. SID. https://sid.ir/paper/268890/en

Vancouver: Copy

MAHMOUDI AMIN, MOJIBIAN FATEMEH, Nori Sabet Afrooz. A mathematical model for supplier selection in supply chain considering inventory control and pricing problems. DECISIONS AND OPERATIONS RESEARCH[Internet]. 2019;4(3 ):221-231. Available from: https://sid.ir/paper/268890/en

IEEE: Copy

AMIN MAHMOUDI, FATEMEH MOJIBIAN, and Afrooz Nori Sabet, “A mathematical model for supplier selection in supply chain considering inventory control and pricing problems,” DECISIONS AND OPERATIONS RESEARCH, vol. 4, no. 3 , pp. 221–231, 2019, [Online]. Available: https://sid.ir/paper/268890/en

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