A game theoretical for coordination of pricing, recycling, and green product decisions in the supply chain

Parsaeifar, Sahar; Bozorgi-Amiri, Ali; Naimi-Sadigh, Ali; Sangari, Mohamad Sadegh

doi:10.1016/j.jclepro.2019.03.343

Cited by 66 publications

(32 citation statements)

References 29 publications

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“…As more and more environmental factors have profound impacts on people's lives, a large amount of research has been done on green supply chains [6]. In addition, price, inventory management, and advertising are of great significance for improving the efficiency of overall supply chains [7].…”

Section: Literature Reviewmentioning

confidence: 99%

“…There is also a growing body of research on the inventory management and logistics of green supply chains [21][22][23][24]. Parsaeifar et al [7] found that the greater the competition among retailers is, the higher the retailers' profits are. On the contrary, the greater the competition among suppliers is, the lower the retailers' profits are.…”

Section: Literature Reviewmentioning

confidence: 99%

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Green Supply Chain Management with Cooperative Promotion

2021

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Green supply chain management has received increasing attention as consumers have become more environmentally conscious. Manufacturers are making green investments to meet consumers’ demands, while retailers in different markets often engage in cooperative promotion to attract more consumers. This study develops game theoretic models for investigating cooperative promotion for two cross-market firms with different channel structures, i.e., decentralized and centralized. The manufacturer determines the wholesale price for the retailers and the green investment of a product, and the retailers determine the promotional effort and retail price. This study finds that whether the firms join in cooperative promotion mainly depends on the wholesale price, as well as the impacts of the price, green investment, and cooperative promotional activities on the demand. When the wholesale price is relatively low, the retail price of the decentralized green supply chain must be lower than that of the centralized green supply chain. On the contrary, the difference in the retail price between the two green supply chains varies with the impacts of green investment and cooperative promotional activities on demand. In addition, due to the influence of channel structure, the contribution to cooperative promotion of the centralized supply chain is more than that of the decentralized supply chain with the most given conditions. Moreover, as the impact of cooperative promotional activities on demand increases, the centralized green supply chain does not necessarily result in higher profits than the decentralized green supply chain.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Green Supply Chain Management with Cooperative Promotion

2021

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“…[21,61] Percentage of materials recycled/re-used. [15,62] Output amount of hazardous and toxic material. [32,63] Waste related.…”

Section: Gscm Performance Measurementmentioning

confidence: 99%

Green Supply Chain Performance Prediction Using a Bayesian Belief Network

et al. 2020

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Green supply chain management (GSCM) has emerged as an important issue to lessen the impact of supply chain activities on the natural environment, as well as reduce waste and achieve sustainable growth of a company. To understand the effectiveness of GSCM, performance measurement of GSCM is a must. Monitoring and predicting green supply chain performance can result in improved decision-making capability for managers and decision-makers to achieve sustainable competitive advantage. This paper identifies and analyzes various green supply chain performance measures and indicators. A probabilistic model is proposed based on a Bayesian belief network (BBN) for predicting green supply chain performance. Eleven green supply chain performance indicators and two green supply chain performance measures are identified through an extensive literature review. Using a real-world case study of a manufacturing industry, the methodology of this model is illustrated. Sensitivity analysis is also performed to examine the relative sensitivity of green supply chain performance to each of the performance indicators. The outcome of this research is expected to help managers and practitioners of GSCM improve their decision-making capability, which ultimately results in improved overall organizational performance.

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“…Wang et al [18] expanded on the effectiveness of the reward and punishment mechanism (RPM) in the two-phase closed-loop supply chain. Parsaeifar et al [19] developed mathematical models of non-cooperative and concentrated scenarios to characterize pricing decisions and remanufacturing strategies and coordinate the overall supply chain performance, in addition to providing manufacturers with a three-way discount mechanism to achieve win-win results for the channel members. Regarding supply chain contract coordination, Ranjan et al [20] considered the service factors in a closed-loop supply chain based on consumer behavior and used revenue-sharing and two-charge contracts to make the supply chain system under decentralized decision-making achieve a Pareto improvement.…”

Section: Sustainable Development and Closed-loop Supply Chain Managementmentioning

confidence: 99%

Warranty Period Decision and Coordination in Closed-Loop Supply Chains Considering Remanufacturing and Consumer Behavior

Zhu

2019

Sustainability

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The closed-loop supply chain management model is an effective way to promote sustainable economic development and environmental protection. Increasing the sales volume of remanufactured products to stimulate green growth is a key issue in the development of closed-loop supply chains. By designing an effective warranty strategy, customer’s perceived value can be enhanced and market demand can be stimulated. This study cuts through the warranty period of closed-loop supply chain products. Based on the perspective of consumer behavior, game theory is used to construct the optimal decision-making model for closed-loop supply chains. The optimal warranty decision making for new products and remanufactured products under centralized and decentralized decision-making models is discussed. Further, the impact of the closed-loop supply chain system with warranty services and the design of contract coordination is also shown. We show that consumer preference has a positive impact on the sales of remanufactured products and the profits of enterprises; with the extension of the new product and remanufacturing warranty period, the profit of the supply chain system first increases and then decreases, and the value is maximized at the extreme point in the manufacturer-led decision-making model. Furthermore, the leader gains higher profits with bargaining power, but the profit of the supply chain system under decentralized decision model is less than that of the centralized decision model, reflecting the double marginalization effect. The revenue sharing contract and the two-charge contract designed in this study coordinate the closed-loop supply chain system with warranty services, so that the member companies in the supply chain can achieve Pareto improvement.

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A game theoretical for coordination of pricing, recycling, and green product decisions in the supply chain

Cited by 66 publications

References 29 publications

Green Supply Chain Management with Cooperative Promotion

Green Supply Chain Management with Cooperative Promotion

Green Supply Chain Performance Prediction Using a Bayesian Belief Network

Warranty Period Decision and Coordination in Closed-Loop Supply Chains Considering Remanufacturing and Consumer Behavior

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