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Trust has been identified as a significant role-playing factor, which guards supply chains against high inventories and poor customer services. Previous research addressed trust in supply chain mostly with the aid of surveys, interviews and field data analysis. Using an extended version of the...
Persistent link: https://www.econbiz.de/10014040730
Consider a supply chain in which products move through multiple serial echelons before they are finally shipped to the end customer. In such a serial multi-echelon inventory system, inventory managers make dynamic decisions, called inventory replenishment decisions, to regulate inventory levels,...
Persistent link: https://www.econbiz.de/10014040731
We investigate the relationship between trust and inventory replenishment decision indicators in a triadic (three-echelon) serial supply chain. We consider two types of trust; trust in supplier and trust in customer. The extant behavioral operations literature on inventory management generally...
Persistent link: https://www.econbiz.de/10014040733
Trust has been identified as a significant role-playing factor guarding supply chains against over-ordering and hoarding behavior, high inventory levels, high transaction costs, and poor customer satisfactions. Previous research addressed trust in supply chain mostly with the aid of surveys,...
Persistent link: https://www.econbiz.de/10013090543
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Trust is a significant role-playing factor in supplier-customer relationship and is known as a fundamental ingredient in supply chain. In this research, a multi-round trust measurement through questionnaires is administrated in the context of a laboratory experiment. We distinguish between trust...
Persistent link: https://www.econbiz.de/10014150353
Inventory managers mostly do not follow normative optimization models. At best they introduce a level of bounded rationality instead of full rationality in their inventory replenishment decisions. In this paper, we examine the behavior of inventory managers in a continuous review system within a...
Persistent link: https://www.econbiz.de/10014037830