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Lot-Rolling – Supply Chain Negotiation in a Two-Stage Multi-echelon System

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Outlooks and Insights on Group Decision and Negotiation (GDN 2015)

Part of the book series: Lecture Notes in Business Information Processing ((LNBIP,volume 218))

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Abstract

Interdependencies between procurement and production processes between buyers and sellers concerning order and production lots require coordination to minimize the costs in a supply chain. This paper compares distributed and central decision-making in lot determination to different negotiation mechanisms – with the aim to overcome shortcomings of the two former approaches – in a two-stage multi-echelon supply chain.

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Notes

  1. 1.

    The multi-echelon model with finite planning horizon is a classic inventory optimization problem, although stochastic systems are more appropriate in many cases, it still has relevance in domains that show complex non-stationary structures [2].

References

  1. Wagner, H.M., Within, T.M.: Dynamic version of the economic lot size model. Manage. Sci. 5(1), 89–96 (1958)

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  2. Li, X., Wang, Q.: Coordination mechanisms of supply chain systems. Eur. J. Oper. Res. 179, 1–16 (2007)

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  3. Filzmoser, M., Gettinger, J.: Negotiation by veto. In: Proceedings of the International Conference on Group Decision and Negotiation 2013, Stockholm, pp. 348–350 (2013)

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  4. Bartos, O.J.: Simple model of negotiation. J. Conflict Resolut. 21(4), 565–579 (1977)

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  5. Filzmoser, M.: Simulation of Automated Negotiation. Springer, Vienna (2010)

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Correspondence to Michael Filzmoser .

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Filzmoser, M. (2015). Lot-Rolling – Supply Chain Negotiation in a Two-Stage Multi-echelon System. In: Kamiński, B., Kersten, G., Szapiro, T. (eds) Outlooks and Insights on Group Decision and Negotiation. GDN 2015. Lecture Notes in Business Information Processing, vol 218. Springer, Cham. https://doi.org/10.1007/978-3-319-19515-5_31

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  • DOI: https://doi.org/10.1007/978-3-319-19515-5_31

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-19514-8

  • Online ISBN: 978-3-319-19515-5

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