What is emergency supplies procurement?
Procurement is an important link in emergency supplies management. In its broad sense, emergency supplies procurement includes pre-purchase, reservation, supervision and allocation before a disaster occurs and urgent procurement after one takes place . Emergency supplies differ from general commodities.
Why is procurement important in emergency supplies management?
The adequate and timely supply of emergency supplies is an important guarantee and key prerequisite for disaster response and recovery, which helps to shorten response time and improve rescue efficiency [4, 5]. Procurement is an important link in emergency supplies management.
Why is emergency supplies management important?
Emergency supplies management is an important element of emergency management. The adequate and timely supply of emergency supplies is an important guarantee and key prerequisite for disaster response and recovery, which helps to shorten response time and improve rescue efficiency [4, 5].
Can supply chain contracts improve the performance of emergency supplies procurement?
Many forms of supply chain contracts have been gradually applied to the management of emergency supplies procurement (see Section 2.1), and almost all of them have been proven to not only enhance the performance of the relief supply chain but also realise the profit sharing among the buyer and the supplier.
What is a BOC-based emergency supplies procurement strategy?
The BOC-based emergency supplies procurement strategy that we propose is actually a portfolio approach that combines in-kind ordering with bidirectional option purchase, in which the purchaser can modify its initial order quantity upwards or downwards to suit the actual demand.
What are the risks associated with emergency supplies procurement?
Since the options they use are unidirectional option contracts, i.e. COCs or POCs, which can only regulate the initial order quantity in one direction, i.e. up or down, these studies all focus on addressing one kind of risk related to the procurement of emergency supplies: shortage risk [32, 34, 35] or surplus risk .
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