TY - JOUR
T1 - Spares provisioning under performance-based logistics contract
T2 - Profit-centric approach
AU - Nowicki, D.
AU - Kumar, U. D.
AU - Steudel, H. J.
AU - Verma, D.
PY - 2008/3
Y1 - 2008/3
N2 - Performance-based logistics (PBL) is emerging as a preferred logistic support strategy within the public sector, especially the Department of Defence. Under a PBL strategy, the customer buys performance, such as operational availability, mission readiness and operational reliability, instead of contracting for a specified collection of resources defining the underlying support infrastructure. The literature on PBL is still in its infancy and additional research is required to optimize logistic resources such as spare parts, equipment, facilities, labour etc within a PBL context. In this paper, an optimization model is developed for spares provisioning under a multi-item, multi-echelon scenario. The objective of the optimization model is to maximize the profit to the supplier under a PBL contract.
AB - Performance-based logistics (PBL) is emerging as a preferred logistic support strategy within the public sector, especially the Department of Defence. Under a PBL strategy, the customer buys performance, such as operational availability, mission readiness and operational reliability, instead of contracting for a specified collection of resources defining the underlying support infrastructure. The literature on PBL is still in its infancy and additional research is required to optimize logistic resources such as spare parts, equipment, facilities, labour etc within a PBL context. In this paper, an optimization model is developed for spares provisioning under a multi-item, multi-echelon scenario. The objective of the optimization model is to maximize the profit to the supplier under a PBL contract.
KW - Defence
KW - Heuristics
KW - Inventory
KW - Optimization
KW - Performance-based logistics
KW - Spares provisioning
UR - http://www.scopus.com/inward/record.url?scp=40249098895&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=40249098895&partnerID=8YFLogxK
U2 - 10.1057/palgrave.jors.2602327
DO - 10.1057/palgrave.jors.2602327
M3 - Article
AN - SCOPUS:40249098895
SN - 0160-5682
VL - 59
SP - 342
EP - 352
JO - Journal of the Operational Research Society
JF - Journal of the Operational Research Society
IS - 3
ER -