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...

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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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network_name_str Repositorio EdocUR - U. Rosario
repository_id_str
spelling 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
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