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Buyback contracts in supply chain management

WebSupply chain coordination is among the central issues in supply chain management. A supply chain is coordinated if all supply chain members adopt the actions that optimize the entire system’s performance. However, in most cases, supply chain firms are independent, self-interested entities that may deviate from the system-optimal actions. WebDec 16, 2014 · Zhao et al. (2014) postulated that products those are price-dependent and have downward-sloping demand has influence on buyback contracts in supply chain management. The efficiency of the supply ...

Supply Chain Coordination with Revenue-Sharing Contracts - Kellogg …

WebIn the last two decades, supply chain management has been studied in many aspects ... chain performance using a buyback contract. Revenue-Sharing contracts 1 Song, Gao 2024 Authors have designated ... WebThis paper considers a standard newsvendor problem in a twoechelon supply - chain setup. We use an experimental approach to investigate the deviation of decision makers … third space cafe minneapolis https://mariancare.org

SCM Topic 8 - 5. Aligning Incentives in Supply Chains: Buyback …

WebDec 16, 2014 · Differentiated from the existing literature, this work focuses on analytically examining how the uncertainty level embedded in market demand affects the applicability of buyback contracts in supply chain management. To this end, we seek to characterize the buyback model in terms of only the demand uncertainty level (DUL). WebDec 1, 2024 · Section snippets Related literature. Our research is at the intersection of supply chain contract theory and behavioral operations management. Hence, the related literature review is classified into three areas—(i) supply chain contracts, (ii) experiments in the supply chain contract setting, and (iii) prospect theory in operations management. WebBy adopting the prospect theory, this paper explores how loss aversion influences suppliers' buyback policies when retailers are loss-averse. Specifically, this paper examines how … third space cafe smithfield

Buyback contracts to solve upstream opportunism - ScienceDirect

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Buyback contracts in supply chain management

Research on Buy-Back Contract for Supply Chain Coordination with Pros…

WebAbstract. Chapter 2 examines buyback contracts in a supplier-retailer supply chain where the retailer faces a price-dependent downward-sloping demand curve subject to … WebTo “coordinate” the supply chain, supplier must set w = p(1- )+ c b = p(1- ) Buyback contract allows for “flexible” division of profits between the supplier and the retailer Can …

Buyback contracts in supply chain management

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WebWe examine buyback contracts in a dyadic supply chain where a retailer orders from a supplier before observing the random demand and sets a retail price after observing it … WebBuyback Contracts Wholesale Price c Buy Back Price b Optimal Order size for SA Expected Profit for SA Expected Returns to TF Expected Profit for TF Expected Supply …

WebOperations and the online shopping period schindler holding cost associated capabilities and buyback contracts in supply chain management of goods. Licence Of Nth Find WebWe study the problem of hedging demand uncertainty in a supply chain consisting of a risk-neutral supplier and a risk-averse retailer under a buyback contract. We use semi-variance of the possible profit values as a measure of the retailer’s risk attitude.

WebABSTRACT. This paper sets supply chain buyback contract model with retailer's complete rationality and fairness concern respectively under stochastic demand, and uses Bayesian theorem to solve retailer's two-stage order decision under demand updating, so as to … WebSep 11, 2015 · Wholesale price versus buyback: A comparison of contracts in a supply chain with a behavioral retailer Computers & Industrial Engineering, Vol. 162 Revenue-sharing contracts in supply chains: a comprehensive literature review

WebFeb 15, 2013 · One of the main assumptions in research on designing supply contracts is that decision makers act in a way that maximizes their expected profit. ... Supply Chain Management: An International Journal, Vol. 28, No. 1 ... Ulrich W. Thonemann, (2013) Designing Buyback Contracts for Irrational But Predictable Newsvendors. …

WebAug 12, 2024 · An important research topic in the area of supply chain management is the use of contracts . ... Alwan et al. (2024) proposed a novel advanced buyback contract in a supply chain under information ... third space class schedulethird space clevelandWebIn this setting, the traditional buy-back contract fails to coordinate the supply chain. In this paper, we put forward a buy-back contract combination, where the supplier can provide a series of buy-back contract corresponding to the demand modes. It is found that the contract combination can achieve the same effect as the traditional buy-back ... third space communityWebincluding the contract’s financial return, ease of implementation, and fit with norms for the industry or type of business customer. In recent years, more companies have advocated … third space cpdWebThe authors find that the non-contract decentralized mode model cannot successfully coordinate the supply chain, while the buyback contract mode allows for the coordination of the supply chain and the generation of more profit from the supply chain. From this new perspective of the supply chain contract, a reasonable result can be obtained. third space cultureWebMar 16, 2024 · In this paper, we examine a real-world case related to the consumer product supply chain to analyze the value of supply chain coordination under the condition of … third space class passWebWe study the problem of hedging demand uncertainty in a supply chain consisting of a risk-neutral supplier and a risk-averse retailer under a buyback contract. We use semi … third space class timetable