题目：Building Supply Chain Resilience through Virtual Stockpile Pooling 

主讲人：Fang Liu  博士 （Nanyang Technological University）

时间：2016年9月14日10:00

地点：主楼418

主讲人介绍：

    Liu Fang is an assistant professor in the department of Information Technology and Operations Management, Nanyang Business School. She received her doctoral degree in Operations Management from the Fuqua School of Business, Duke University and her Bachelor’s degree from the School of Mathematics, Peking University. She has presented her research in conferences such as INFORMS, MSOM and POMS, and has published papers in Manufacturing & Service Operations Management and Production and Operations Management. 

内容介绍：

    Stockpiling inventory is an essential strategy for building supply chain resilience. It enables firms to continue operating while finding a solution to an unexpected event that causes a supply disruption or demand surge. While extremely valuable when actually deployed, stockpiles incur large holding costs and usually provide no benefits until such a time. To help to reduce this cost, this paper presents a new approach for managing stockpiles. We show that if leveraged intelligently, stockpiles can also help an organization better meet its own regular demand by enabling a type of virtual pooling we call virtual stockpile pooling (VSP). The idea of VSP is to first integrate the stockpile into several locations' regular inventory buuers and then dynamically reallocate the stockpile among these locations in reaction to the demand realizations to achieve a kind of virtual transshipment. To study how to execute VSP and determine when it can provide the most value, we formulate a stylized multi-location stochastic inventory model and solve for the optimal stockpile allocation and inventory order policies. We show that VSP can provide signi_cant cost savings: in some cases nearly the full holding cost of the stockpile (i.e., VSP effectively maintains the stockpile for free), in other cases nearly the savings of traditional physical inventory pooling. Last, our results prescribe implementing VSP with many locations for large stockpiles, but only a few locations for small stockpiles.

（承办：管理科学与物流系，科研与学术交流中心）