As electric multiple unit (EMU) operations and maintenance demands have expanded, spare parts supply chain management has become increasingly crucial. This study emphasizes the supply challenges of EMU spare parts, including inadequate minimum inventory levels and prolonged response times. Redesigning the OEM–railway bureau vendor-managed inventory (VMI) model contract incentive and penalty system is the key goal. Connecting the spare parts supply system with its characteristics yields a game theory model. This study analyzes and compares the equilibrium strategies and profits of supply chain members under different mechanisms for managing critical spare parts. The findings demonstrate that mechanism contracts can enhance supply chain performance in a Pareto-improving manner. An in-depth analysis of downtime loss costs, procurement challenges, and order losses reveals their effects on supply chain coordination and profit allocation, providing railway bureaus and OEMs with a theoretical framework for supply chain decision-making. This study offers theoretical justification and a framework for decision-making on cooperation between OEMs and railroad bureaus in the management of spare parts supply chains, particularly for extensive EMU operations.
Read full abstract- All Solutions
Editage
One platform for all researcher needs
Paperpal
AI-powered academic writing assistant
R Discovery
Your #1 AI companion for literature search
Mind the Graph
AI tool for graphics, illustrations, and artwork
Journal finder
AI-powered journal recommender
Unlock unlimited use of all AI tools with the Editage Plus membership.
Explore Editage Plus - Support
Overview
9545 Articles
Published in last 50 years
Articles published on Unit Operations
Authors
Select Authors
Journals
Select Journals
Duration
Select Duration
8785 Search results
Sort by Recency