Sourcing decisions under risks of catastrophic event disruptions

被引:85
作者
Meena, P. L. [1 ]
Sarmah, S. P. [1 ]
Sarkar, A. [2 ]
机构
[1] Indian Inst Technol, Dept Ind Engn & Management, Kharagpur 721302, W Bengal, India
[2] Indian Inst Technol, Vinod Gupta Sch Management, Kharagpur 721302, W Bengal, India
关键词
Supply chain risk; Supplier selection; Sourcing strategy; Supply disruption risks; Service level; SUPPLY BASE;
D O I
10.1016/j.tre.2011.03.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper, a supplier selection problem is studied under risks of supplier failure due to the catastrophic events disruption. An analytical model is developed to determine the optimal number of suppliers considering different failure probability, capacity, and compensation. An algorithm is designed to find the optimal solution and numerical study is carried out to illustrate the model. Results of numerical study and sensitivity analysis provide useful guidelines for managers to select the optimal number of suppliers under the risks of supply disruption. (C) 2011 Elsevier Ltd. All rights reserved.
引用
收藏
页码:1058 / 1074
页数:17
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