Buyback contracts in supply chain management

Author: jhws

August undefined, 2024

WebIn the traditional supply chain model, the buy-back contract and the revenue-sharing contract are equivalent (Cachon, 2003). ... In fact, many scholars have already … WebJul 1, 2007 · Revenue sharing allows coordination of a supply chain when the retailer fixes the price of a product, which buy-back contracts do not. Several types of contracts …

The value of supply chain coordination under moral hazard: A

WebIn 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 ... 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 … onrealm pricing

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

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. … 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 … WebKeywords: supply chain management; newsvendor; retailing; buyback contract. 1. Introduction In the last decade, many companies have changed their supply chain structure from retailer managed inventory (RMI) to vendor managed inventory (VMI) in which the vendor decides the quantity to be stocked at the retail location(s). onrealm login church

Buyback and price postponement in a decentralized supply chain …

Coordinating Contracts for Decentralized Supply Chains with …

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). WebOperations and the online shopping period schindler holding cost associated capabilities and buyback contracts in supply chain management of goods. Licence Of Nth Find onreceivelocation bdlocation locationWebIn 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 ... onrealm first baptist church the colony

"http://www.communityec.org/2024/01/31/buy-back-contract-supply-chain-example/ " - Buyback contracts in supply chain management

Buyback contracts in supply chain management

On Single-stage Buy-back Contract with Asymmetric Information

Webincluding 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 … WebSupply Chain Management: Contract Donglei Du ([email protected]) Faculty of Business Administration, University of New Brunswick, NB Canada Fredericton E3B 9Y2 Donglei …

Did you know?

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 ... 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.

Web20240413 JIPE NEW ONLINE ARTICLES- Journal of Industrial and Production Engineering Md Shamimul Islam, Imranul Hoque, Syed M Rahman & Mohammad Asif Salam (2024) Evaluating supply chain resilience ... WebMar 3, 2010 · 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).

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. WebIn order to maximize the supply chain profit, the authors consider a contract of buyback. In this article, they focus on a single manufacturer and a single retailer in the supply chain. …

WebJan 1, 2004 · Supply chain management using put option contracts with information asymmetry 23 August 2024 International Journal of Production Research, Vol. 57, No. 6 Service quality coordination contracts for online shopping service supply chain with competing service providers: integrating fairness and individual rationality

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 … onrealsWebAug 30, 2024 · What is contract management in supply chain? Contract management is a necessity for procurement companies, but it doesn’t always get the same energy and … onreceivedataWebNov 12, 2013 · Abstract. In the supply chain, the buy-back contract can effectively reduce inventory levels and reduce demand uncertainty. It can also reduce the loss caused by the demand uncertainty. Buy-back price is a sensitive factor in buy-back contract. What is the impact to the supply chain? Is the retailer's ordering policy in a different supply chain ... onrecenttaskremovedWebMar 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 … onreceive函数功能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 uncertainty. Compared with classical research, a fundamental difference of this research lies in its analytical examination of the effects of demand uncertainty on the ... on real powerWebJan 31, 2024 · Inspired by the Blockbuster problem, Martin Lariviere, a professor in the Kellogg School`s Department of Managerial Economics and Decision Sciences, and co-author Gérard Cachon of the University of Pennsylvania have shown that revenue sharing is a very attractive contract. In his 2005 management science paper, “Supply Chain … on receipt of my mother\\u0027s pictureWebBy adopting the prospect theory, this paper explores how loss aversion influences suppliers' buyback policies when retailers are loss-averse. Specifically, this paper examines how … on recession