Cold chain investment and pricing decisions in a fresh food supply chain

Wang, Min; Zhao, Lindu

doi:10.1111/itor.12564

Cited by 38 publications

(29 citation statements)

References 37 publications

(47 reference statements)

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“…Wang and Zhao determined the optimal investment levels of the cold chain construction, advertisement, and optimal pricing in a fresh food supply chain. ey found that collaborative cold chain investment and collaborative pricing are superior strategies for the supply chain [14].…”

Section: Relevant Literaturementioning

confidence: 99%

Pricing and Safety Investment Decisions in Food Supply Chains with Government Subsidy

Salling

2021

Journal of Food Quality

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As the demand for safe food has been rapidly increasing these years, more and more stakeholders are dedicated to the safety of the food in the supply chain of this sector. To expand the market share of safe food, governments of some countries also provide subsidies to encourage food processors to invest in better food safety efforts. This paper establishes a three-stage game model between the government and a two-stage food supply chain that consists of one supplier and one processor, where the government subsidizes processors to invest in food safety efforts; furthermore, this paper determines the optimal wholesale price, marginal profit, food safety investment, and government subsidies. This paper analyzes the effects of the government subsidies and risk aversion of the food processor and introduces the mode of order quantity-based payment and demand-based payment; moreover, it also analyzes the impacts of subsidies and different payment methods on demands. The results show that suppliers can increase the market share of products by adopting the demand-based payment, but this method does not always benefit the members of the supply chain. As the processor is more risk-averse, the optimal subsidy is higher, encouraging the processor to invest in more efforts. Finally, the supplier’s profit increases with the processor’s risk aversion indicator.

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Section: Relevant Literaturementioning

confidence: 99%

Pricing and Safety Investment Decisions in Food Supply Chains with Government Subsidy

Salling

2021

Journal of Food Quality

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“…The cold chain logistics is crucial to protecting food from spoilage during transportation and storage. 7 In China, the government and many logistics enterprises have invested a lot of capital to build a cold chain logistics network. 8 The evaluation and selection of logistics distribution centers is of great significance in constructing green cold chain logistics networks.…”

Section: Introductionmentioning

confidence: 99%

“…The improvement of living standard makes people have high requirements for the quality of fruits and meat. The cold chain logistics is crucial to protecting food from spoilage during transportation and storage 7 . In China, the government and many logistics enterprises have invested a lot of capital to build a cold chain logistics network 8 .…”

Section: Introductionmentioning

confidence: 99%

Pythagorean fuzzy combined compromise solution method integrating the cumulative prospect theory and combined weights for cold chain logistics distribution center selection

Liao

Qin

et al. 2020

Int J Intell Syst

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The evaluation and selection of cold chain logistics distribution centers are of vital importance for third-party logistics companies which want to build green cold chain logistics networks. To select distribution centers, the conflicts among multiple criteria should be considered. The combined compromise solutions (CoCoSo) method can help enterprises make a structural decision; however, in the original CoCoSo method, the evaluation information was expressed by crisp numbers. Nevertheless, in many cases, because of the imprecision and incompleteness of information, it may be more flexible for evaluators to provide imprecise and fuzzy values rather than crisp numbers. In addition, the judgment values are often expressed based on decision-makers' psychological expectations. The evaluation criteria of alternatives have relevance to some extent, which would influence the evaluation results. Based on these concerns, this study presents a modified CoCoSo method in the Pythagorean fuzzy environment in which evaluators can express psychological expectations on alternatives. To achieve this goal, the cumulative prospect theory is introduced to obtain the Pythagorean fuzzy prospect weights. Then, an objective weight determination method of criteria under

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“…() worked on deciding lead time, ordering cost, and cyclic replenishment mechanism to optimize total costs. Wang and Zhao () reviewed a fresh food supply chain and they optimized their model to maximize the partners’ profits. Additionally, optimum pricing, investment levels, and also advertisement of cold chain were determined.…”

Section: Introduction and Literature Reviewmentioning

confidence: 99%

Coordination of a two‐echelon supply chain in presence of market segmentation, credit payment, and quantity discount policies

Taleizadeh

Rabiei

Noori-daryan

2018

Int Trans Operational Res

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In today's competitive business markets, a revenue optimization method is always one of the most crucial issues ahead of commercial supply chains so that it is utilized by the managers to improve their profitability. On the other hand, enhancing coordination and collaboration between the chains' members has taken a vital role in increasing their efficiency and profitability. Thus, managers tend to employ/design marketing and coordinating incentive mechanisms using the revenue optimization method, as the most influential tools, to motivate the purchasers to order more and subsequently increase their market share. Here, this issue is studied in a two-echelon supply chain by designing incentive contracts in order to evaluate the profit of organizations and enterprises and assess the best contract, which causes the highest profit, as the main goal of the businesses. In this study, a pricing-inventory model is developed for a single-item two-echelon supply chain consisting of a manufacturer and a retailer in the presence of three different scenarios. In the first scenario, a credit payment (delay-in-payment) contract is considered between the chain members. In the second scenario, we studied a market segmentation policy in which the market demand is divided into price and quality oriented customers' demand while a quantity discount contract is assumed as the third one. The profit of supply chain under these new conditions is computed by some numerical examples and then the effects of cost parameters on the decision variables and the profit are analyzed.

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Cold chain investment and pricing decisions in a fresh food supply chain

Cited by 38 publications

References 37 publications

Pricing and Safety Investment Decisions in Food Supply Chains with Government Subsidy

Pricing and Safety Investment Decisions in Food Supply Chains with Government Subsidy

Pythagorean fuzzy combined compromise solution method integrating the cumulative prospect theory and combined weights for cold chain logistics distribution center selection

Coordination of a two‐echelon supply chain in presence of market segmentation, credit payment, and quantity discount policies

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