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Trends in Supply Chain Design and Management pp 345–368Cite as

Supply Uncertainty and Diversification: A Review

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Part of the book series: Springer Series in Advanced Manufacturing ((SSAM))

Abstract

We review inventory models that use multiple sourcing (diversification) to deal with upstream (supply) uncertainty. To provide a structured review, we identify three sources of supply uncertainty as follows: supply timing, supply quantity (or quality), and purchase price. Then, we summarize the main results that exist in the literature. Finally, based on our observations, we provide directions for future research.

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Author information

Authors and Affiliations

  1. Department of Mechanical and Industrial Engineering, University of Toronto, Canada

    M. Mahdi Tajbakhsh & Chi-Guhn Lee

  2. Department of Mechanical and Industrial Engineering, Ryerson University, Canada

    Saeed Zolfaghari

Authors
  1. M. Mahdi Tajbakhsh
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  2. Saeed Zolfaghari
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  3. Chi-Guhn Lee
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Editor information

Editors and Affiliations

  1. Grado Department of Industrial and Systems Engineering, Virginia Polytechnic Institute and State University, Blacksburg, VA, 24061, USA

    Hosang Jung PhD  & F. Frank Chen PhD  & 

  2. Department of Information and Industrial Engineering, Yonsei University, Seoul, 120-749, Republic of Korea

    Bongju Jeong PhD

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© 2007 Springer-Verlag London Limited

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Tajbakhsh, M.M., Zolfaghari, S., Lee, CG. (2007). Supply Uncertainty and Diversification: A Review. In: Jung, H., Jeong, B., Chen, F.F. (eds) Trends in Supply Chain Design and Management. Springer Series in Advanced Manufacturing. Springer, London. https://doi.org/10.1007/978-1-84628-607-0_15

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  • DOI: https://doi.org/10.1007/978-1-84628-607-0_15

  • Publisher Name: Springer, London

  • Print ISBN: 978-1-84628-606-3

  • Online ISBN: 978-1-84628-607-0

  • eBook Packages: EngineeringEngineering (R0)

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