Outsource planning with asymmetric supply cost information through a menu of option contracts

Nosoohi, Iman; Nookabadi, Ali Shahandeh

doi:10.1111/itor.12396

Cited by 13 publications

(16 citation statements)

References 40 publications

(54 reference statements)

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“…They prove that according to the cost structure and relative performance of the product line extension, if the low-end product line extension is produced by competitors rather than by themselves, even if the OEM cannot get any license revenue from it, the OEM may benefit more from it. Jin et al [29] considered a duopoly model, in which two supply chains are composed of a manufacturer and a supplier respectively. They sell alternative products in the market.…”

Section: M-s Collaborative Modementioning

confidence: 99%

Evolutionary game analysis of problem processing mechanism in new collaboration

Zhang

Zhu

Wang

2021

J. of Syst. Eng. Electron.

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This paper analyzes a problem processing mechanism in a new collaboration system between the main manufacturer and the supplier in the "main manufacturer-supplier" mode, which has been widely applied in the collaborative development management of the complex product. This paper adopts the collaboration theory, the evolutionary game theory and numerical simulation to analyze the decision-making mechanism where one upstream supplier and one downstream manufacturer must process an unpredicted problem without any advance contract in common. Results show that both players ' decision-makings are in some correlation with the initial state, income impact coefficients, and dealing cost. It is worth noting that only the initial state influences the final decision, while income impact coefficients and dealing cost just influence the decision process. This paper shows reasonable and practical suggestions for the manufacturer and supplier in a new collaboration system for the first time and is dedicated to the managerial implications on reducing risks of processing problems.

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Section: M-s Collaborative Modementioning

confidence: 99%

Evolutionary game analysis of problem processing mechanism in new collaboration

Zhang

Zhu

Wang

2021

J. of Syst. Eng. Electron.

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“…() studied pricing and collection strategies in a closed‐loop supply chain with symmetric and asymmetric information. Nosoohi and Nookabadi () examined a supply chain designed by a manufacturer who faced asymmetric cost information of a supplier.…”

Section: Literature Reviewmentioning

confidence: 99%

Whether a retailer should enter an e‐commerce platform taking into account consumer returns

Cao

et al. 2020

Int Trans Operational Res

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Considering consumers are increasingly shopping online nowadays and the online sales market is dominated by e‐commerce giants, traditional retailers need to choose whether to enter e‐commerce platforms. Moreover, traditional retailers need to determine whether to offer offline return services considering online return services are very popular. To address these challenges, we explore a retailer's optimal offline return strategy and channel choice of whether or not to enter a platform in the contexts of symmetric information and asymmetric information, respectively. We present conditions for the retailer to share information. Interestingly, we find that the retailer in some conditions has no motivation to improve customer satisfaction rate of offline store. Most important, we find that the retailer's channel choice depends on the magnitude of the annual service fee that is affected by offline return strategy and asymmetric information, and the offline return strategy depends on the magnitude of the average residual value of returned products.

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“…Wang et al [35] looked into a contract that includes the order quantity and transfer payment. Nosoohi and Nookabadi [36] proposed a menu of call option contracts including three variables: a supply order, an option, and an exercise price. Chen et al [37] devised a menu of option contracts within a one-period two-echelon supply chain for the retailer to incentivize the supplier to reveal asymmetric production cost information.…”

Section: Contract Coordination In the Supply Chain Under Cost Informamentioning

confidence: 99%

Contract Design for Enhancing Green Food Material Production Effort with Asymmetric Supply Cost Information

Zhu

2020

Sustainability

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In order to improve green performance and achieve sustainability goals, food companies see the need to adopt green supply chain management. However, ensuring a green supply is a tough task since food companies do not always have full information of their suppliers’ efforts in improving their green performance. This information asymmetry issue will lead the food producers to make poor decisions and cause a profit loss. Therefore, to fill this research gap, this study investigates a two-stage supply chain, which consists of one dominated food producer and a food supplier who has private knowledge of its green food material producing (GFMP) cost. To figure out how green performance is the major parameter that influences the decision-making of supply chain members under information asymmetry, this study first expands demand functions for both a food supplier and a producer, considering their influence on the green degree of the food products and associated consumer acceptance. It is found that under certain conditions, information sharing will improve the supplier’s green performance and increase the food producer’s profit. This study then presents the prerequisite of green cost information sharing by the food supplier. Furthermore, a newly designed menu of contracts, which combine the wholesale price contract and cost sharing contract, is proposed for the asymmetric information case to incentivize the food supplier to disclose the green effort information and improve the environmental and economic performance of the food supply chain. Numerical experiments are conducted through a case analysis to illustrate and validate the proposed models.

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Outsource planning with asymmetric supply cost information through a menu of option contracts

Cited by 13 publications

References 40 publications

Evolutionary game analysis of problem processing mechanism in new collaboration

Evolutionary game analysis of problem processing mechanism in new collaboration

Whether a retailer should enter an e‐commerce platform taking into account consumer returns

Contract Design for Enhancing Green Food Material Production Effort with Asymmetric Supply Cost Information

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