Single-Vendor and Multi Buyers of Supply Chain Management Under Fuzzy Environment

Published in Journal

Journal of Advances and Scholarly Researches in Allied Education [JASRAE] (Vol:15/ Issue: 4) DOI: 10.29070/JASRAE
Authors: C. P. Ban*,
Subjects: Multidisciplinary Academic Research

Year: Jun, 2018
Volume: 15 / Issue: 4
Pages: 394 - 399 (6)
Publisher: Ignited Minds Journals
Source:
E-ISSN: 2230-7540
DOI:
Published URL: http://ipublisher.in/p/211123
Published On: Jun, 2018

Article Details

Single-Vendor and Multi Buyers of Supply Chain Management under Fuzzy Environment | Original Article

C. P. Ban*, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research

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ABSTRACT:

The players (vendors, retailers, distributors, etc.) in a supply chain may belong to different corporate entities and be more interested in minimizing their own cost rather than that of the chain as a whole. This kind of single-sided optimal strategy is not suitable for today’s global competitive environment. In real life, there are many examples in which a manufacturer (here as vendor) has own set of direct outlets (here as buyers) to route the produced item to end customers. A production model for deteriorating items with the fuzzy costs has been developed taking into account the views of both the vendor and the multi-buyers.