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Contributed Papers - Icmis.net

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2A-2, Sunday, January 2, 9:20-10:40 A.M.<br />

Session: Supply Chain Models<br />

Session Chair: Nilay Yajnik<br />

Narsee Monjee Institute of Management Studies<br />

8341 Implementation of Ge<strong>net</strong>ic Algorithm Based Model for Supply Chain Inventory Optimization<br />

Radhakrishnan Perumalsamy, Wisdom School of Management, sp_radha@yahoo.com<br />

M.R. Gopalan<br />

V.M. Prasad<br />

N. Jeyanthi<br />

Efficient and effective management of inventory throughout the supply chain significantly improves the ultimate service provided<br />

to the customer. Efficient inventory management throughout a supply chain is a complex process and the complexity of the<br />

problem increases when more number of players, products and lead times are involved.In this paper,a novel approach based on<br />

Ge<strong>net</strong>ic Algorithm has been proposed in which the most probable excess stock level and shortage level required for inventory<br />

optimization in the supply chain is distinctively determined so as to achieve minimum total supply chain cost.<br />

8422 Price Game in Bi-Channel Supply Chain<br />

Anish Bhattacharya, Goa Institute of Management, anish.bhattacharya10@gim.ac.in<br />

Ashish Verma, Goa Institute of Management, ashish.verma10@gim.ac.in<br />

This paper explores pricing in a bi-channel supply chain. Through a game theoretical approach to pricing problem when the<br />

product is available in two supply channels - retail store and online direct channel, we prove that direct selling helps manufacturer<br />

in reducing price double marginalization and increases negotiated share of cooperative profits. Alternately it also helps the retailer<br />

by an overall wholesale price reduction. We obtain the equilibrium solutions analytically by solving through a Nash-Bertrand<br />

game. It also shows that both manufacturer and retailer always benefit from a bi-channel profit-sharing strategy due to incremental<br />

profit gains in bi-channel supply chain.<br />

8427 Design and Implementation of 'Service Identity Program' at Dealership Network<br />

Govind Hemrajani, Symbiosis Institute of Management Studies, gnhemrajani1@rediffmail.com<br />

The paper delves on the strategies adopted by a key player in two wheelers to emerge as a robust player in the industry after being<br />

ridiculed as complacent by the rivals. To maximize customer convenience, the organization undertook massive efforts with a<br />

mega project named “Service Standardization” at dealership <strong>net</strong>work. The project covered the development of service standards in<br />

terms of space, layouts, elements which make the service experience for potential customers. The paper contributes towards<br />

providing the vital insights to the industry and practitioners into the design and implementation of the service standards for better<br />

planning and control.<br />

8447 An Approach for Supply Chain Coordination Mechanisms<br />

Pradeep Behera, Indian School of Mines, pradeepbhr@gmail.com<br />

Kampan Mukherjee, Indian School of Mines, kampan_m@hotmail.com<br />

Supply chain coordination is an act of managing interdependencies among different entities for achieving better efficiency and<br />

effectiveness of a supply chain. Proper understanding and management of the coordination issues give rise to higher financial<br />

returns, better customer service, and judicious handling of competitiveness and uncertainty in the environment. This paper aims at<br />

exploring the characteristics of various coordination schemes leading to establishing a brief overview on SC coordination<br />

classification. A structured process for selecting appropriate SC coordination mechanism is also proposed in this paper.

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