Article
Management
Jianbin Li, Xiaomeng Luo, Qifei Wang, Weihua Zhou
Summary: This study investigates a supply chain with uncertain demand and price, proposing capacity reservation and quantity flexibility contracts to enhance overall performance and profits. The contracts can coordinate the supply chain effectively and are preferred by retailers under coordination, even when demand and retail price are correlated.
OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE
(2021)
Article
Computer Science, Interdisciplinary Applications
Yeu-Shiang Huang, Jyh-Wen Ho, Hong-Jin Jian, Tzu-Liang (Bill) Tseng
Summary: This study focuses on developing an optimal long-term ordering policy in a two-echelon supply chain using a quantity discount-coordination mechanism. Coordinating quantity discounts can reduce demand uncertainty, decrease retailer orders, and effectively increase the supply chain's overall benefits.
COMPUTERS & INDUSTRIAL ENGINEERING
(2021)
Article
Computer Science, Interdisciplinary Applications
Jianhu Cai, Rui Dong, Zhijun Zeng, Xiaoqing Hu
Summary: This paper introduces sales effort into the supply chain competition model and analyzes the decision differences between two sales-effort modes. It also proposes a cost-sharing contract to settle the problem and achieve Pareto improvements.
COMPUTERS & INDUSTRIAL ENGINEERING
(2022)
Article
Management
Xi Li, Qian Liu
Summary: This paper examines the interaction between a manufacturer's capability to acquire demand information and a retailer's demand investment decision in a supply chain. The study explores two common contract types, wholesale price and two-part tariff, and finds that the retailer benefits from the manufacturer's increased capability to acquire demand information. The results challenge some established findings in the literature and provide new insights into supply chain dynamics.
OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE
(2023)
Article
Engineering, Manufacturing
Weizhe Yang, Yaozhong Wu, Qinglong Gou, Wen Zhang
Summary: This article examines the co-opetition strategy between a manufacturer of a proprietary component and an original equipment manufacturer. By analyzing a two-period game theoretical model, the optimal strategy is determined based on customer patience and competitor product quality. The authors also investigate the impact of new customers arriving late, cost differentiation, and the presence of a third-party supplier, finding that the latter crucially affects the choice of co-opetition strategy.
PRODUCTION AND OPERATIONS MANAGEMENT
(2023)
Article
Management
Justin Jia, Paolo Letizia, Sean P. Willems
Summary: This study investigates the coordination of a supplier-retailer supply chain, considering the impact of an information structure. It finds that simple coordinating contracts can effectively coordinate the supply chain, while more complicated contracts fail to do so.
Article
Computer Science, Interdisciplinary Applications
Xinghao Yan
Summary: This study examines the role of order quantity in supply chains in the presence of demand and/or supply uncertainty. It is found that order quantity serves as a tool for the buyer to manage potential supply shortage or surplus caused by uncertainties. The decision makers utilize order quantity differently to hedge against various uncertainties. The analysis also reveals the impact of order quantity on coordinating contract design and identifies the challenges in designing quantity-based coordinating contracts under supply uncertainty.
COMPUTERS & INDUSTRIAL ENGINEERING
(2023)
Article
Operations Research & Management Science
Narayan Mishra, Sri Vanamalla Venkataraman
Summary: This study discusses a monopolistic retailer of a seasonal product facing random demand from strategic customers. The retailer needs to determine the optimal order quantity to maximize expected profit in a market where customers strategically decide whether to buy during the normal selling period or wait for the sales period.
ANNALS OF OPERATIONS RESEARCH
(2022)
Article
Engineering, Industrial
Mohammad E. Arbabian
Summary: This study examines the impact of 3D printing on supply chains, including factors such as adoption by manufacturers and retailers, economic conditions, and government subsidies. It is found that retailer adoption of 3D printing can eliminate the double marginalization effect, serving as a new mechanism for coordinating the supply chain.
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
(2022)
Article
Management
Jianhu Cai, Haining Sun, Bo Wei
Summary: This study fills the research gap in reflecting the composite impact from the supply side and the demand side, with a focus on strategic customers in a supply chain facing demand and yield uncertainty. The research highlights the importance of replenishment tactic in maintaining a stable supply level.
JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY
(2022)
Article
Computer Science, Interdisciplinary Applications
Wenliang Bian, Xiqing Yang, Shichang Li, Xiying Yang, Guowei Hua
Summary: In response to the global spread of COVID-19, establishing a robust healthcare supply chain system is crucial, with third-party logistics providers serving as orchestrators. Research shows that the positive impact of 3PLs is evident in decentralized supply chains characterized by high logistics outsourcing costs and price sensitivity.
COMPUTERS & INDUSTRIAL ENGINEERING
(2021)
Article
Management
Jianbin Li, Wei Cheng, Xiangrong Song, Yuting Zheng
Summary: This article examines a pull supply chain where a capital-abundant retailer sources from a capital-constrained manufacturer and offers a special buyer financing scheme. The study finds that the special buyer financing benefits the entire supply chain compared to bank financing. The impact of the financing scheme varies based on the margin of the business, with high margin resulting in better outcomes for the retailer and worse outcomes for the manufacturer. Furthermore, the study explores the effect of demand variability on the supply chain performance and highlights the resilience of the special buyer financing in mitigating such risks.
OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE
(2023)
Article
Green & Sustainable Science & Technology
Ling Zhao, Anquan Zou, Minghua Xiong, Jun Liu
Summary: By analyzing the effects of downside risk aversion and strategic customers, this paper investigates a downside-risk-averse retailer's integrated stock and pricing problem using a single case study method. The research determines the retailer's equilibrium ordering level and selling price and analyzes the effects of downside risk aversion and strategic behavior on the retailer's decisions and profit. The results provide evidence for making operational management decisions for downside-risk-averse retailers in the case of strategic customers.
Article
Mathematics
Deng Jia, Chong Wang
Summary: This study investigates a fresh produce supply chain considering option contracts and stochastic market demand. By introducing different types of option contracts, the risks for the retailer are reduced. The study finds that the bidirectional option has the highest option price and lowest option order quantity, while the call option has the lowest initial order quantity and the put option has the highest initial order quantity. Numerical examples further demonstrate the impacts of parameters on optimal decision-making.
Article
Management
Jie Ning
Summary: This study examines the dynamic game between a supplier and two buyers regarding trade credit (TC) and finds the benefits of using a single-interest contract, the motives for buyers to use TC, and the advantages of strategic TC for the entire supply chain. The results show that a single-interest contract incentivizes buyers to order more, and buyers can benefit from using TC as their access to external capital with contingent interest gives them pricing power and low wholesale prices. The supplier can weaken buyers' pricing power and improve profit by offering different terms of TC.
M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT
(2022)