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
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