Transshipments in supply chains: A behavioral investigation
Behavioral operations studies in inventory management under demand uncertainty have focused on understanding decision-making processes of a single actor. However, interactions among multiple actors have received little attention, despite their importance for the creation of proper policies that impr...
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2018
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- eng
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/24014
- Acceso en línea:
- https://doi.org/10.1016/j.ejor.2018.02.025
https://repository.urosario.edu.co/handle/10336/24014
- Palabra clave:
- Communication
Inventory control
Sales
Supply chain management
Behavioral operations
Behavioral OR
Coordination
Decision making process
Inventory management
Supply chain coordination
Supply chain performance
Transshipments
Decision making
Behavioral OR
Communication
Coordination
Supply Chain Management
Transshipments
- Rights
- License
- Abierto (Texto Completo)
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2fec2a7d-8d7c-4fd9-8a95-62fc8c88dd8280311236002020-05-26T00:07:35Z2020-05-26T00:07:35Z2018Behavioral operations studies in inventory management under demand uncertainty have focused on understanding decision-making processes of a single actor. However, interactions among multiple actors have received little attention, despite their importance for the creation of proper policies that improve real operations. We contribute to this literature by experimentally exploring the behavioral biases of retailers’ ordering decisions in a system composed by two symmetric retailers (newsvendors) and an automated supplier, where transshipments between retailers can be used as a strategy to improve the overall supply chain performance. This paper is the first behavioral study that evaluates whether actors coordinate their decisions through transshipment strategies. We analyze the effect of (i) different profitability conditions, (ii) communication and (iii) different behavioral best response heuristics. Results show retailers do not take advantage of transshipments to coordinate the supply chain, and although communication reduces retailers’ ordering biases, coordination does not improve. However, implementing best response heuristics that account for behavioral biases improves supply chain coordination. © 2018 Elsevier B.V.application/pdfhttps://doi.org/10.1016/j.ejor.2018.02.0253772217https://repository.urosario.edu.co/handle/10336/24014engElsevier B.V.729No. 2715European Journal of Operational ResearchVol. 269European Journal of Operational Research, ISSN:3772217, Vol.269, No.2 (2018); pp. 715-729https://www.scopus.com/inward/record.uri?eid=2-s2.0-85042884339&doi=10.1016%2fj.ejor.2018.02.025&partnerID=40&md5=99363b40b0a5e7db05505e3b3f4e2ea4Abierto (Texto Completo)http://purl.org/coar/access_right/c_abf2instname:Universidad del Rosarioreponame:Repositorio Institucional EdocURCommunicationInventory controlSalesSupply chain managementBehavioral operationsBehavioral ORCoordinationDecision making processInventory managementSupply chain coordinationSupply chain performanceTransshipmentsDecision makingBehavioral ORCommunicationCoordinationSupply Chain ManagementTransshipmentsTransshipments in supply chains: A behavioral investigationarticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501Villa, SebastiánCastañeda, Jaime Andrés10336/24014oai:repository.urosario.edu.co:10336/240142022-05-02 07:37:17.788117https://repository.urosario.edu.coRepositorio institucional EdocURedocur@urosario.edu.co |
dc.title.spa.fl_str_mv |
Transshipments in supply chains: A behavioral investigation |
title |
Transshipments in supply chains: A behavioral investigation |
spellingShingle |
Transshipments in supply chains: A behavioral investigation Communication Inventory control Sales Supply chain management Behavioral operations Behavioral OR Coordination Decision making process Inventory management Supply chain coordination Supply chain performance Transshipments Decision making Behavioral OR Communication Coordination Supply Chain Management Transshipments |
title_short |
Transshipments in supply chains: A behavioral investigation |
title_full |
Transshipments in supply chains: A behavioral investigation |
title_fullStr |
Transshipments in supply chains: A behavioral investigation |
title_full_unstemmed |
Transshipments in supply chains: A behavioral investigation |
title_sort |
Transshipments in supply chains: A behavioral investigation |
dc.subject.keyword.spa.fl_str_mv |
Communication Inventory control Sales Supply chain management Behavioral operations Behavioral OR Coordination Decision making process Inventory management Supply chain coordination Supply chain performance Transshipments Decision making Behavioral OR Communication Coordination Supply Chain Management Transshipments |
topic |
Communication Inventory control Sales Supply chain management Behavioral operations Behavioral OR Coordination Decision making process Inventory management Supply chain coordination Supply chain performance Transshipments Decision making Behavioral OR Communication Coordination Supply Chain Management Transshipments |
description |
Behavioral operations studies in inventory management under demand uncertainty have focused on understanding decision-making processes of a single actor. However, interactions among multiple actors have received little attention, despite their importance for the creation of proper policies that improve real operations. We contribute to this literature by experimentally exploring the behavioral biases of retailers’ ordering decisions in a system composed by two symmetric retailers (newsvendors) and an automated supplier, where transshipments between retailers can be used as a strategy to improve the overall supply chain performance. This paper is the first behavioral study that evaluates whether actors coordinate their decisions through transshipment strategies. We analyze the effect of (i) different profitability conditions, (ii) communication and (iii) different behavioral best response heuristics. Results show retailers do not take advantage of transshipments to coordinate the supply chain, and although communication reduces retailers’ ordering biases, coordination does not improve. However, implementing best response heuristics that account for behavioral biases improves supply chain coordination. © 2018 Elsevier B.V. |
publishDate |
2018 |
dc.date.created.spa.fl_str_mv |
2018 |
dc.date.accessioned.none.fl_str_mv |
2020-05-26T00:07:35Z |
dc.date.available.none.fl_str_mv |
2020-05-26T00:07:35Z |
dc.type.eng.fl_str_mv |
article |
dc.type.coarversion.fl_str_mv |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
dc.type.coar.fl_str_mv |
http://purl.org/coar/resource_type/c_6501 |
dc.type.spa.spa.fl_str_mv |
Artículo |
dc.identifier.doi.none.fl_str_mv |
https://doi.org/10.1016/j.ejor.2018.02.025 |
dc.identifier.issn.none.fl_str_mv |
3772217 |
dc.identifier.uri.none.fl_str_mv |
https://repository.urosario.edu.co/handle/10336/24014 |
url |
https://doi.org/10.1016/j.ejor.2018.02.025 https://repository.urosario.edu.co/handle/10336/24014 |
identifier_str_mv |
3772217 |
dc.language.iso.spa.fl_str_mv |
eng |
language |
eng |
dc.relation.citationEndPage.none.fl_str_mv |
729 |
dc.relation.citationIssue.none.fl_str_mv |
No. 2 |
dc.relation.citationStartPage.none.fl_str_mv |
715 |
dc.relation.citationTitle.none.fl_str_mv |
European Journal of Operational Research |
dc.relation.citationVolume.none.fl_str_mv |
Vol. 269 |
dc.relation.ispartof.spa.fl_str_mv |
European Journal of Operational Research, ISSN:3772217, Vol.269, No.2 (2018); pp. 715-729 |
dc.relation.uri.spa.fl_str_mv |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85042884339&doi=10.1016%2fj.ejor.2018.02.025&partnerID=40&md5=99363b40b0a5e7db05505e3b3f4e2ea4 |
dc.rights.coar.fl_str_mv |
http://purl.org/coar/access_right/c_abf2 |
dc.rights.acceso.spa.fl_str_mv |
Abierto (Texto Completo) |
rights_invalid_str_mv |
Abierto (Texto Completo) http://purl.org/coar/access_right/c_abf2 |
dc.format.mimetype.none.fl_str_mv |
application/pdf |
dc.publisher.spa.fl_str_mv |
Elsevier B.V. |
institution |
Universidad del Rosario |
dc.source.instname.spa.fl_str_mv |
instname:Universidad del Rosario |
dc.source.reponame.spa.fl_str_mv |
reponame:Repositorio Institucional EdocUR |
repository.name.fl_str_mv |
Repositorio institucional EdocUR |
repository.mail.fl_str_mv |
edocur@urosario.edu.co |
_version_ |
1814167603188334592 |