Revenue and risk sharing in view of uncertain demand during the pandemics

Huang, Yen-Deng; Widyadana, I Gede Agus; Wee, Hui–Ming; Blos, Maurício F.

doi:10.1051/ro/2022076

Cited by 4 publications

(2 citation statements)

References 52 publications

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“…Cai et al [5] examined how the manufacturer shares demand information and the effects of different demand-sharing strategies on collector-led CLSCs. Huang et al [21] developed a win-win contract based on a revenue sharing and price markdown and studied how vendors and retailers share their risks and benefits under stochastic demand during the pandemic. Ji and Liu [22] studied how the two-part tariff and ZRS contract (zero wholesale price-revenue-sharing-plus-side-payment contract) affect risks and supply chain coordination when market demand and supplier yield are both uncertain.…”

Section: Demand Uncertainty In Supply Chainsmentioning

confidence: 99%

Recycling Strategies in a Collector-Led Remanufacturing Supply Chain under Blockchain and Uncertain Demand

Yang

Bian³

2023

Processes

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Remanufacturing has been regarded as a key to the sustainable development of enterprises. However, collection strategies affect the remanufacturing and recycling of used products. Blockchain can ensure the authenticity of disclosed information and improve the consumer’s trust in remanufactured products. Inspired by this, this paper develops a game-theoretic model to examine the selection of different recycling strategies in the remanufacturing supply chain considering blockchain adoption and uncertain demand. Incumbent collector 1 provides the manufacturer with used product 1 for remanufacturing product 1. For product 2, the manufacturer has two different collection strategies: in-house collection by the manufacturer or external collection by collector 2. The collectors act as the channel leader, and the manufacturer, who has private demand information, is the follower. Results show that collectors are incentivized to participate in the blockchain. If there is no blockchain, collector 1 prefers external collection. In the case of blockchain, the manufacturer prefers external collection when the demand variance is low. The manufacturer’s decision on the in-house collection and external collection depends on the coefficient of collection investment costs.

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Section: Demand Uncertainty In Supply Chainsmentioning

confidence: 99%

Recycling Strategies in a Collector-Led Remanufacturing Supply Chain under Blockchain and Uncertain Demand

Yang

Bian³

2023

Processes

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“…Recent studies have also explored continuous-time supplier-distributor manufacturing policies (Sato et al, [12]), corporate social responsibility supply chains (Zhao et al, [13]; Xie et al, [14]), supply chain coordination with price-sensitive stochastic demand (Wang et al, [15]) and revenue and sharing policies for uncertain demand in high-tech industries during the pandemic (Huang et al, [16]).…”

Section: Introductionmentioning

confidence: 99%

Backordering policy for hi-tech products with price and demand uncertainty during the pandemics

Yu,

Huang,

Chen

et al. 2024

Scientia Iranica

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The decline phase of a high-tech product's life cycle often causes variations in production schedules due to over or under production. To address this challenge, we propose a production-inventory model that considers decreasing demand and prices during pandemics. Our model aims to optimize replenishment, dispatching, and backordering policies, ultimately maximizing total profit for high-tech industries. Our proposed solution procedure derives 2 optimal policies, taking into account the unique demands during the pandemics. We suggest adopting either a last-in-first-out (LIFO) or first-in-first-out (FIFO) backordering policy depending on whether profit or fairness is the primary concern. We have provided a numerical example and conducted a sensitivity analysis to demonstrate the practical application of the proposed model. By optimizing the replenishment, our model enables high-tech industries to maximize total profit, even in the face of declining demand and prices during the pandemics. Overall, our model represents a valuable tool for high-tech industries seeking to better manage production and inventory, and we believe it has the potential to increase product profitability during the declining phase of a product's life cycle.

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Shipment lead time hedging and coordination in prefabricated construction supply chain

Wang,

Zhang

et al. 2024

RAIRO-Oper. Res.

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This paper aims to coordinate a shipment lead time hedging (SLTH) problem between a building contractor and a logistics provider in the prefabricated construction supply chain (PCSC). In the PCSC, untimely (early or late) delivery of prefabs will result in project time and cost overrun. To mitigate this challenge, the building contractor requires the logistics provider to reduce the shipping time variability, which is termed the SLTH strategy. Though it benefits the building contractor, this strategy puts more investment and operational pressures on the logistics provider. To solve this conflict, a coordination mechanism is introduced. Two terms are involved in this mechanism: an SLTH level related cost term is charged by the logistic provider to the building contractor and a constant transfer term is adopted to fairly allocate the system surplus. Three decentralized models are investigated: i.e. two Stackelberg game models with alternative decision-making sequences and an equal power model. Further comparative analysis and numerical studies reveal that the proposed coordination mechanism increases the SLTH level and ensures a win-win situation. Moreover, some interesting managerial implications are derived.

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Revenue and risk sharing in view of uncertain demand during the pandemics

Cited by 4 publications

References 52 publications

Recycling Strategies in a Collector-Led Remanufacturing Supply Chain under Blockchain and Uncertain Demand

Recycling Strategies in a Collector-Led Remanufacturing Supply Chain under Blockchain and Uncertain Demand

Backordering policy for hi-tech products with price and demand uncertainty during the pandemics

Shipment lead time hedging and coordination in prefabricated construction supply chain

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