A Review on Policies and Supply Chain Relationships under Inventory Transshipment
BEIO, Vol. 29, No. 1, pp. 21-42, 2013, Forthcoming
22 Pages Posted: 18 Jan 2013
Date Written: December 28, 2012
In distribution systems, excess stocks can be shared across different locations to fulfill unsatisfied demand. This raises many operations problems including inventory policies, transportation, partner selection and contracts. This paper reviews the up-to-date literature in inventory transshipment by considering different supply chain structures - centralized or decentralized, and whether the transshipment involves physical movement of the stocks, or is virtual. A number of future directions are provided in stimulating relevant studies.
Keywords: transshipment, inventory, supply chain, centralization, decentralization, competition, cooperation
JEL Classification: C44, C70
Suggested Citation: Suggested Citation