Supply Chain Coordination in Case of Asymmetric Information

Supply Chain Coordination in Case of Asymmetric Information PDF Author: Guido Vogt
Publisher: Springer Science & Business Media
ISBN: 3642201326
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
Information sharing is frequently promoted as a mean to improve the supply chain performance. This work shows the results of behavioral experiments, in which the participants share private information in order to influence the contract terms in a Just-in-Time environment. It is shown that the impact of information sharing is ambiguous, and dependent on several factors, such as contract flexibility and complexity or the interacting behavioral types. The experimental results form the basis for a behavioral principal-agent model that gives valuable insights on how the interaction of trust, trustworthiness and the information sharing strategy impacts the supply chain performance.

Supply Chain Coordination in Case of Asymmetric Information

Supply Chain Coordination in Case of Asymmetric Information PDF Author: Guido Vogt
Publisher: Springer Science & Business Media
ISBN: 3642201326
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
Information sharing is frequently promoted as a mean to improve the supply chain performance. This work shows the results of behavioral experiments, in which the participants share private information in order to influence the contract terms in a Just-in-Time environment. It is shown that the impact of information sharing is ambiguous, and dependent on several factors, such as contract flexibility and complexity or the interacting behavioral types. The experimental results form the basis for a behavioral principal-agent model that gives valuable insights on how the interaction of trust, trustworthiness and the information sharing strategy impacts the supply chain performance.

Supply Chain Coordination in Case of Asymmetric Information

Supply Chain Coordination in Case of Asymmetric Information PDF Author: Guido Vogt
Publisher: Springer
ISBN: 9783642201318
Category : Business & Economics
Languages : en
Pages : 181

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Book Description
Information sharing is frequently promoted as a mean to improve the supply chain performance. This work shows the results of behavioral experiments, in which the participants share private information in order to influence the contract terms in a Just-in-Time environment. It is shown that the impact of information sharing is ambiguous, and dependent on several factors, such as contract flexibility and complexity or the interacting behavioral types. The experimental results form the basis for a behavioral principal-agent model that gives valuable insights on how the interaction of trust, trustworthiness and the information sharing strategy impacts the supply chain performance.

Supply Chain Coordination Under Asymmetric Information

Supply Chain Coordination Under Asymmetric Information PDF Author: Lennart Christian Johnsen
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Supply Chain Coordination under Uncertainty

Supply Chain Coordination under Uncertainty PDF Author: Tsan-Ming Choi
Publisher: Springer Science & Business Media
ISBN: 3642192572
Category : Business & Economics
Languages : en
Pages : 651

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Book Description
Channel coordination is a core subject of supply chain management. Over the past decade, much research effort has been devoted to exploring the detailed mechanisms for achieving supply chain coordination under uncertainty, generating many fruitful analytical and empirical results. Despite the abundance of research results, there is an absence of a comprehensive reference source that provides state-of-the-art findings on both theoretical and applied research on the subject. In addition, with the advance of knowledge and technologies, many new topics on supply chain coordination under uncertainty have appeared in recent years. This handbook extensively examines supply chain coordination challenges with a focal point on discovering innovative measures that can help tackle the existing and emerging challenges. The book is organized into five parts, which include chapters on innovative analytical models for coordination, channel power and bargaining, technological advancements and applications, empirical analysis, cases studies and review. This handbook provides new empirical and analytical results with precious insights, which will not only help supply chain agents to understand more about the latest measures for supply chain coordination under uncertainty, but also help practitioners and researchers to know how to improve supply chain performance based on innovative methods.

Quantitative Models for Supply Chain Management

Quantitative Models for Supply Chain Management PDF Author: Sridhar Tayur
Publisher: Springer Science & Business Media
ISBN: 1461549493
Category : Business & Economics
Languages : en
Pages : 851

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Book Description
Quantitative models and computer-based tools are essential for making decisions in today's business environment. These tools are of particular importance in the rapidly growing area of supply chain management. This volume is a unified effort to provide a systematic summary of the large variety of new issues being considered, the new set of models being developed, the new techniques for analysis, and the computational methods that have become available recently. The volume's objective is to provide a self-contained, sophisticated research summary - a snapshot at this point of time - in the area of Quantitative Models for Supply Chain Management. While there are some multi-disciplinary aspects of supply chain management not covered here, the Editors and their contributors have captured many important developments in this rapidly expanding field. The 26 chapters can be divided into six categories. Basic Concepts and Technical Material (Chapters 1-6). The chapters in this category focus on introducing basic concepts, providing mathematical background and validating algorithmic tools to solve operational problems in supply chains. Supply Contracts (Chapters 7-10). In this category, the primary focus is on design and evaluation of supply contracts between independent agents in the supply chain. Value of Information (Chapters 11-13). The chapters in this category explicitly model the effect of information on decision-making and on supply chain performance. Managing Product Variety (Chapters 16-19). The chapters in this category analyze the effects of product variety and the different strategies to manage it. International Operations (Chapters 20-22). The three chapters in this category provide an overview of research in the emerging area of International Operations. Conceptual Issues and New Challenges (Chapters 23-27). These chapters outline a variety of frameworks that can be explored and used in future research efforts. This volume can serve as a graduate text, as a reference for researchers and as a guide for further development of this field.

Supply Chain Coordination Mechanisms

Supply Chain Coordination Mechanisms PDF Author: Martin Albrecht
Publisher: Springer Science & Business Media
ISBN: 3642028330
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
Integrated supply chain planning is well understood by theory and widely applied in practice – however, only with respect to intra-organisational supply chains. In inter-organisational supply chains, an additional, yet unresolved problem arises: due to confidentiality reasons, decentralized parties keep their local data private, which prevents an integrated planning. Local planning procedures such as upstream planning, which are usually applied then, result in suboptimal solutions for the supply chain as a whole. In this work, new mechanisms for inter-organizational, collaborative supply chain planning are presented. These mechanisms are able to identify the systemwide optimum for several classes of supply chain planning problems. They can be applied by two or more self-interested parties and do not require a trusted third party. Extensive computational tests for randomly generated and real-word data suggest a favorable performance of these mechanisms.

Contracting and Coordination Under Asymmetric Production Cost Information

Contracting and Coordination Under Asymmetric Production Cost Information PDF Author: M. Çakanyıldırım
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

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Book Description
We analyze a supply chain consisting of a supplier and a retailer. The supplier's unit production cost, which characterizes his type, is only privately known to him. When trading with the retailer, the supplier demands a reservation profit that depends on his unit production cost. We model this problem as a game of adverse selection. In this model, the retailer offers a menu of contracts, each of which consists of two parameters: the ordering quantity and the supplier's share of the channel profit. We show that the optimal contract depends critically on a surrogate measure. This measure represents the size of the outside market that the supplier may serve if not trading with the retailer. An important implication from our analysis is that information asymmetry alone does not necessarily induce loss in channel efficiency. The optimal contract can coordinate the supply chain as long as the size of the outside market is comparable to the quantities required by the retailer. We further discuss the retailer's preference of the supplier's type under different market conditions, as well as evaluate the effects of the supplier's reservation profit, the retail price, and the demand uncertainty on the optimal contract.

Supply Chain Coordination with Contracts in Case of Asymmetric Information

Supply Chain Coordination with Contracts in Case of Asymmetric Information PDF Author: Guido Voigt
Publisher:
ISBN:
Category :
Languages : en
Pages : 216

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Book Description


Supply Chain Management

Supply Chain Management PDF Author: A. G. de Kok
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 786

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Book Description
This handbook contains chapters covering a broad range of supply chain management issues written by leading experts in the field. It is aimed at researchers, students, engineers, economists and managers involved in supply chain management.

Two-echelon Supply Chain Coordination Under Information Asymmetry with Multiple Types

Two-echelon Supply Chain Coordination Under Information Asymmetry with Multiple Types PDF Author: R. B. O. Kerkkamp
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description