Canadian Operational Research Society

Calgary Section

http://www.corscalgary.org/

PROFESSIONAL DEVELOPMENT SEMINAR

When: Noon to 1:30 PM, Friday, November 19, 2004

Room 217

TransCanada Tower

450 - 1 Street SW

(See attached map)

SPEAKER

Dr. David Robb

Associate Professor of Operations Management

The University of Auckland

New Zealand

Joint work with Dr. Edward A. Silver, Faculty Professor,

Haskayne School of Business, The University of Calgary

TOPIC

Inventory Management under Supplier Trade Credit

with Stochastic Demand and Leadtime
Abstract:

Executives and academics are expressing increasing interest in supplier trade credit. We consider a form of credit known as “date-terms” where the credit period extends to a specified date in the month following purchase. It is equivalent to “Net” terms (e.g., “Net 30”) with monthly invoicing, found in Canada, Australasia, etc. We extend research (published in the Journal of the Operational Research Society) to consider both demand and supply uncertainty. We take an applied and managerial perspective – using industrial data for the various parameters, and commenting on the particular problems with this form of trade credit. The talk should be of interest to practitioners and researchers in inventory management, and purchasing.

About the Speaker

David J. Robb BE(Hons), MBA, PhD, PEng

E-mail: d.robb@auckland.ac.nz

URL: http://staff.business.auckland.ac.nz/d.robb

David has graduate degrees in Operations Management from The University of Calgary, where he also served as Assistant Professor (1992-1994). He has worked in and consulted for various companies in the Building and Pharmaceutical industries, developing and implementing inventory/logistics management systems. His research interests include supply chain management, operations strategy, and operations management in China, and have resulted in twenty publications in journals such as Computers & Operations Research, Decision Sciences, European Journal of Operational Research, European Management Journal, IIE Transactions, Interfaces, International Journal of Production Economics, Journal of Operational Research, and Naval Research Logistics, He is a member of APICS, CORS, DSI, INFORMS, ORSNZ, ORS(UK), and POMS. David and his wife Val have six children.