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This paper aims to analyze the effects of VMI on supply chain performance and announce the important function of VMI in promoting supply chain coordination, reducing costs and increasing profit. This research builds a VMI inventory decision model of supplier-driver supply chain. According to this model, VMI is found always to reduce the system's(buyer and supplier together) and the buyer's inventory...
Recently, the value chain coordination has been drawing much attention of both researchers and practitioners. One of the most prevalent approaches would be “revenue-sharing”, where a supplier providing products to a retailer works together with the retailer, and the two parties agree upon a contract so as to increase their respective profits. More specifically, the wholesale price of the supplier...
Conflicts between the third-party payment enterprise and bank are increasing gradually, the main conflict is interest, revenue distribution issue seems to be more important. Because of the importance of the market, introducing theoretical framework of service supply chain and enact reasonable revenue distribution plan on that basis, it establishes revenue distribution model through introducing idea...
Conditional Value-at-Risk is widely applied in finance, which can measure the expected profit that is below mean profit of quantile η(0 <; η ≤ 1). The paper uses an extended newsvendor model in this framework to study the retailer's choice in the event of the retailer who charges underage loss or overage penalty cost, discusses the impact brought by overage penalty and examines how the degree of...
In the context of two supply chains containing one manufacturer and one retailer, the problem of asymmetric cost information game between two supply chains was discussed under Bertrand competition framework. We find that on the one hand, as price sensitivity increases, the profit will increase first and then turn to decrease drastically; On the other hand, as intensity of price competition increases,...
This paper studies the pricing and ordering policy of a two-echelon supply chain with a supplier and a retailer. The retailer has accurate demand information while the supplier does not. The research shows that the uncertainty of the supplier on the demand will lead to a reduction of the supplier's expected profit, which also shows the value of information. Moreover, if the supplier overestimates...
This paper examines impacts of information sharing on decisions of two competing supply chains, which are identical, each consisting of one manufacturer and one retailer, except they might have different information sharing structures. In the two-stage game, three types of information sharing structures, that is, information sharing in both of supply chains, information sharing in one supply chain...
At present, supply chain management has become not only a hot academic research, but also an important respect of the enterprise strategic management. A multi-product, multi-stage integrated supply chain management model was established by multiple-objective programming, which could describe the capability and profit of supply chain members and the coordination operation of supply chain. Then an example...
This paper is a based on research following on from our paper, “Sustainable Supply Chains: Overview and Research Agenda” presented at SCMIS 2009. We compare and contrast three case studies conducted in Sweden and the UK over the past year. The companies comprise a Swedish dairy producer, a fast food chain and a UK potato packaging company. All three aspire to create sustainable business models to...
With the rapid development of e-business, more and more attention is paid on reverse logistics which is brought on by products returns. The main topic of this article is, when repairing and remanufacturing returns goods, how to choose the reverse logistics service pattern. We propose three kinds of closed-loop supply chain models and analyze the profit of B2C firm among these models. We find that...
With drastic market competition, the effective management of supply chain has become more and more important. A multi-product, multi-stage supply chain management model based on vendor managed inventory (VMI) was established by the method of multiple-objective programming, which could describe the capability and profit of supply chain members. Then, an application was given for testing the effectiveness...
In this paper, we develop a multitiered dynamic global supply chain network equilibrium model in which decision-makers determine their optimal strategies for seeking to maximize their profits over the multiperiod time planning horizon. Specifically, the model consists of three tiers of decision-makers: manufacturers, retailers and consumers at different demand markets, who compete within a tier but...
In this paper, studies that the profits of the retailer, the manufacturer and the supply chain in the revenue-sharing contract under twice ordering policy. Under such contract, the manufacturer decides the revenue-sharing contract ratio and the retailer's unit purchase price. The retailer can only accept or refuse the contract. When the retailer accept the contract, the retailer will decides the first...
In a closed-loop supply chain, the manufacturer makes new products and sells them by the retailer in the first period, reclaims used-products by the retailer in the second period. But the supply of used-products is affected not only by the amount of new products that sold to the consumer market, but also by the end-customerpsilas willingness that is affected by the difference between the end-customerpsilas...
The aim of this paper is to analyze the impacts of RFID technologies on supply chain performances, in particular to evaluate their economical impacts and to conduct ROI (return-on-investment) analyses. We simulate a three-level supply chain in which thefts, misplacements and unavailable items for sale cause inventory inaccuracies that decrease the supply chain performance. We compare the effects of...
Supply chain management seeks to enhance competitive performance by closely integrating supplier, manufacturer and other channel agents. The supply chain agents' behavior features will be influenced by their attitudes on risk. In this paper, we consider the cooperation contract about a risk-neutral manufacturer as a core enterprise coordinating the downside-risk-averse supplier and retailer in a three-tier...
This paper analyzes the problem of quantity decision and production planning in a supply chain, which is composed of one manufacturer and one retailer to meet the random demand of short-life-cycle products. To study the coordination of two ordering strategy, an optimization function aiming at maximizing total expected profits is established. Then the model is analyzed by the use of the numerical method,...
Through incorporating option mechanism, quantity flexible strategy and quick respond strategy into perishable products' supply chain, this paper establishes the gamble models of retailer's initial order, option purchase and manufacturer production under two production and ordering modes. If manufacturer and retailer share products demand information, manufacturer can decide first period's proper production...
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