International Journal of Mechanical Engineering and Technology (IJMET), ISSN 0976 – 6340(Print), ISSN 0976 – 6359(Online), Volume 5, Issue 10, October (2014), pp. 86-93 © IAEME 86 DECISIONS IN A SUPPLY CHAIN MODELING FOR COMPARATIVE EVALUATION STRATEGIES IN MULTIPLE BUYERS CH. SRINIVAS Mechanical Engineering Department, Vaageswari College of Engineering, Karimnagar, INDIA ABSTRACT This paper evaluates the impact of different strategies on the performance of a supply chain to optimize the supply chain cost and simultaneously optimize other decision variables such as quantity transported, number of shipments, fill rate. We have found that the results are more attractive and competitive. Keywords: Consignment Inventory, Delay Delivery, Information Sharing, Lead Time, Supply Chain Performance. 1. INTRODUCTION More and more companies have recognized that there is a direct link between the performance of supply chains and the availability inventory is one of the most widely discussed issues for improving SC efficiency. It is widely known that Wal-Mart and Proctor & Gamble (P&G) more strategic analysis regarding the retail sales of P&G products at Wal-Mart stores. Thus P&G done a better job of managing its production and provides Wal-Mart with greater “in store” availabilities. Furthermore, new successful companies such as Dell and Cisco are following new stochastic strategies with suppliers and customers to reduce working capital and inventories. Supply chain management (SCM) has become one of the most important strategies for achieving competitive advantage in different industries in the last decade. Researchers have investigated various processes in the planning and development of supply chains. However, increasing attention has been placed on performance, design and analysis of supply chain models. Consignment inventory is among various new inventory strategies in which the vendor stocks his finished products in buyer’s warehouse but maintains title to the products until sold and then the payment is made to vendor. Furthermore, the vendor will guarantee for the quantity stored in the INTERNATIONAL JOURNAL OF MECHANICAL ENGINEERING AND TECHNOLOGY (IJMET) ISSN 0976 – 6340 (Print) ISSN 0976 – 6359 (Online) Volume 5, Issue 10, October (2014), pp. 86-93 © IAEME: www.iaeme.com/IJMET.asp Journal Impact Factor (2014): 7.5377 (Calculated by GISI) www.jifactor.com IJMET © I A E M E