Article
Management
Li Li, Li Jiang
Summary: This study examines the strategic value of cooperation between competitors in sourcing. It finds that both horizontal and joint sourcing can help firms mitigate quantity pressure and improve selling. The two sourcing strategies are complementary, with horizontal sourcing allowing firms to profit from synergies between markets. Joint sourcing is more profitable than horizontal sourcing when the supplier's discount incentive is strong, while horizontal sourcing becomes more attractive when markets are volatile. The supplier can influence the firms' sourcing decisions by managing wholesale pricing.
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
(2022)
Article
Computer Science, Artificial Intelligence
Zhiming Chen, Fanglong Liu
Summary: Outsourcing is a popular production mode that benefits both OEMs and CMs. Research shows that there is a threshold outsourcing price beyond which CMs are motivated to overproduce, and in a competitive market, price war is not a wise strategy for CMs.
EXPERT SYSTEMS WITH APPLICATIONS
(2021)
Article
Transportation Science & Technology
Tianming Liu, Zhengtian Xu, Daniel Vignon, Yafeng Yin, Qingyang Li, Zhiwei Qin
Summary: Driver incentives have become an important tool for ride-sourcing operators to address labor supply management challenges. However, the lack of understanding about the influence of threshold-based incentives on driver labor supply can limit their effectiveness. In this study, we analyze the treatment effect of these incentives on ride-sourcing drivers' behavior and find that their impact is limited by design and drivers' working schedules. Additionally, the incentives only affect drivers' decisions before reaching the threshold.
TRANSPORTATION RESEARCH PART C-EMERGING TECHNOLOGIES
(2023)
Article
Engineering, Manufacturing
Chao Xue, Yan (Diana) Wu, Wanshan Zhu, Xiaobo Zhao, Jinghuo Chen
Summary: This study investigates supply shortages faced by manufacturers in a dual sourcing channel, attributing supply rejections and shortages to fairness concerns of small-order suppliers. A subsidy mechanism is proposed to mitigate this risk, which was validated in an experiment to successfully reduce supply rejections and enhance channel efficiency without additional costs to the manufacturer. This demonstrates the effectiveness of behavioral mechanism design in addressing empirical decision-making issues and provides insights for managing asymmetric sourcing with two suppliers.
PRODUCTION AND OPERATIONS MANAGEMENT
(2022)
Article
Transportation Science & Technology
Tianming Liu, Zhengtian Xu, Daniel Vignon, Yafeng Yin, Zhiwei Qin, Qingyang Li
Summary: This study develops a dynamic discrete choice model to examine the influence of threshold-based incentive programs on ride-sourcing drivers and calibrates the model using real-world data. The findings reveal the effects of threshold-based incentives on market and welfare and the different performances for different driver groups.
TRANSPORTATION RESEARCH PART C-EMERGING TECHNOLOGIES
(2023)
Article
Mathematics, Interdisciplinary Applications
Jiepeng Wang, Hong Zhou, Xiaodan Jin
Summary: By using epidemic model to study supply chain risk transmission, we found the risk transmission in a supply chain network has a threshold and is influenced by multiple factors. The heterogeneity of network affects the risk transmission threshold and scale, which is of significant importance for supply chain risk management.
CHAOS SOLITONS & FRACTALS
(2021)
Article
Management
Hengyu Li, Huangen Chen, Junwu Chai, Victor Shi
Summary: This paper investigates the PL sourcing strategy of an e-tailer and finds that the e-tailer charges the highest agency fee and provides the highest service level when sourcing from the national brand manufacturer. The e-tailer's preference for PL sourcing depends mainly on production cost and consumer service sensitivity. The profit of the national brand manufacturer is influenced by consumer preference for PL and the sourcing strategy of the e-tailer. The results show that there is always a PL sourcing strategy that benefits both the national brand manufacturer and the e-tailer.
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
(2023)
Article
Computer Science, Artificial Intelligence
Shanshan Li, Yong He, Li Zhou
Summary: This paper investigates a make-to-order system where production is disrupted due to random supply failures, and examines the manufacturer's emergency sourcing strategy in response to the disruption. Through analyzing customer stockpiling behaviors, three types of stockpiling strategies are identified, and a model is developed to optimize the joint decision of sourcing time and quantity to maximize profit expectation. The numerical analysis provides further insights into the role of relative factors and offers specific managerial suggestions on adapting dynamic contingent sourcing strategies to alleviate disruptions in different market environments and customer behaviors.
COMPLEX & INTELLIGENT SYSTEMS
(2022)
Article
Engineering, Manufacturing
Zhongyuan Hao, Li Jiang
Summary: With the advancement of technology, suppliers are increasingly selling directly and competing with retailers, impacting market forecasts and decision-making through signal quality and transmission. Direct selling provides suppliers with enhanced flexibility and information, while factors like competition intensity and costs influence their decision on adopting direct sales strategy.
PRODUCTION AND OPERATIONS MANAGEMENT
(2021)
Article
Engineering, Industrial
Seung Ho Yoo, Thomas Y. Choi, DaeSoo Kim
Summary: The study explores the financial leveraging effect of a final assembler's sourcing strategies in a three-tier supply chain. Different combinations of sourcing and financing strategies can lead to better operational decisions and enhance supply chain performance. Directed sourcing or sequential sourcing may work well depending on factors like supplier power, impact, and interest rate. Reverse factoring can provide predictable performance for either the FA's benefit or the long-term health of the supply chain.
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
(2021)
Article
Management
Scott Fay, Shahryar Gheibi
Summary: This study examines the effects of probabilistic selling (PS) on retailer-manufacturer interactions and how upstream competition impacts channel members' incentives to facilitate PS. The results show that PS can mitigate the inefficiencies caused by the double-marginalization problem. However, the market conditions for PS are relatively narrow, and PS shifts channel power toward the manufacturer. Nevertheless, a win-win-win outcome is possible, benefiting all parties involved.
M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT
(2023)
Article
Business
Shanshan Wang, Xin Guo
Summary: This paper studies the introduction of live-stream (LS) selling in a supply chain and its effects on supply chain members and consumers. The research finds that retailer LS selling benefits both the retailer and the manufacturer. Manufacturer LS selling does not necessarily harm the retailer and can result in a win-win outcome. The optimal strategy for LS selling depends on the acceptance of consumers and the streamer's selling ability and popularity.
ELECTRONIC COMMERCE RESEARCH AND APPLICATIONS
(2023)
Article
Management
Thomas B. Cassidey, Nickolas Freeman, Sharif Melouk
Summary: This study investigates the optimal decision strategy for a firm in the face of supply and demand risk when choosing to make or buy components. The findings suggest that the optimal strategy is influenced by cost, capacity, and inventory levels. Additionally, the study explores how sharing information about in-house production capabilities can benefit both the manufacturer and the supplier, leading to lower prices and increased competitiveness.
OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE
(2022)
Article
Engineering, Civil
Suiling Wang, Zhiqiang Jiang, Hairong Zhang
Summary: In this study, three models, namely long and short-term memory neural network model (LSTM), gaussian process regression model (GPR), and support vector machine regression model (SVR), are used to forecast the relative errors of runoff forecast under different scenarios. A multi-model coupled runoff forecast correction method considering forecast error and forecast scenario is proposed. The results show that the application effect of SVR and LSTM is better than GPR in the forecast scenarios. The LSTM model has the highest accuracy of forecast correction in the scenario set of 24 forecast scenarios.
WATER RESOURCES MANAGEMENT
(2022)
Article
Management
Di (Andrew) Wu
Summary: Using textual analysis techniques, researchers have developed a measure of firm-level supply chain risk exposure based on unstructured data from discussions between managers and equity analysts. This measure successfully captures both routine and systematic supply chain risk events and correlates with stock return volatility. It is also indicative of the supply chain component of risk exposure. Firms with higher supply chain risks have higher inventory buffers, increased cash holdings, lower trade credit received, and worse operating and financial performance during unexpected risk episodes.
MANAGEMENT SCIENCE
(2023)
Article
Management
Long Gao
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
(2015)
Article
Engineering, Manufacturing
Long Gao
PRODUCTION AND OPERATIONS MANAGEMENT
(2015)
Article
Engineering, Manufacturing
Ting Luo, Long Gao, Yalcin Akcay
PRODUCTION AND OPERATIONS MANAGEMENT
(2016)
Article
Management
Johye Hwang, Long Gao, Wooseung Jang
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
(2010)
Article
Management
Long Gao, Susan H. Xu, Michael O. Ball
MANAGEMENT SCIENCE
(2012)
Article
Engineering, Manufacturing
Zhaolin Li, Long Gao
PRODUCTION AND OPERATIONS MANAGEMENT
(2008)
Article
Engineering, Manufacturing
Long Gao, Zhaolin Li, Biying Shou
PRODUCTION AND OPERATIONS MANAGEMENT
(2014)
Article
Engineering, Manufacturing
Long Gao, Douglas J. Thomas, Michael B. Freimer
PRODUCTION AND OPERATIONS MANAGEMENT
(2014)
Article
Management
Long Gao, Birendra K. Mishra
MANAGEMENT SCIENCE
(2019)
Article
Management
Kaan Kuzu, Long Gao, Susan H. Xu
M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT
(2019)
Article
Management
Long Gao, Jim (Junmin) Shi, Michael F. Gorman, Ting Luo
M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT
(2020)
Article
Engineering, Manufacturing
Long Gao, Liang Guo, Adem Orsdemir
Summary: The study demonstrates that private cost information from the upstream can improve channel efficiency and alleviate the exacerbation of channel conflict caused by retailers' information disadvantage. While traditional wisdom suggests that cost information asymmetry reduces efficiency, it does not hold true in dual-channel settings, as incorporating cost information asymmetry can lead to unexpectedly positive effects on the channel, turning the retailers and channel from victims to beneficiaries of manufacturer actions.
PRODUCTION AND OPERATIONS MANAGEMENT
(2021)
Article
Management
Long Gao
Summary: This study examines the compensation problem for salespeople and highlights the critical role of learning in long-run performance. It proposes an optimal compensation plan that sets aggressive targets for skill development and pays information rent to neutralize misbehavior.
MANAGEMENT SCIENCE
(2023)
Article
Management
Susan H. Xu, Long Gao, Jihong Ou
MANAGEMENT SCIENCE
(2007)