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【期刊论文】Supply-chain coordination under an inventory-level-dependent demand rate
周永务, Yong-Wu Zhou a, *, Jie Min a, b, Suresh K. Goyal c
Int. J. Production Economics 113 (2008) 518-527,-0001,():
-1年11月30日
In this paper, we consider coordination issues of a distribution system composed of a manufacturer and a retailer. The manufacturer offers a single product to the retailer and the demand for the product at the retailer's end is stock dependent. We focus on three aspects of the resulting supply chain. First, we discuss the manufacturer-Stackelberg game structure to determine how the manufacturer sets the wholesale price of the product and how the retailer in turn determines the order quantity. We assume that both the parties share relevant cost information. Then we develop a simple profit-sharing mechanism that would ultimately achieve perfect channel coordination. Finally, the manufacturer is provided with a quantity discount scheme to induce the retailer to increase the order quantity so as to maximize the manufacturer's profit. We show that this discount scheme also achieves the perfect coordination of the whole channel. Numerical examples are used to illustrate the models.
Supply-chain coordination, Inventory-level-dependent demand, Profit-sharing mechanism, Quantity discount
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周永务, Amy Hing Ling Lau a, Hon-Shiang Lau b, *, Yong-Wu Zhou c
Int. J. Production Economics 113 (2008) 425-445,-0001,():
-1年11月30日
A "manufacturer" supplies a "staple" product to a large number of "retailers" having very different sales volumes. Many models have considered how the "manufacturer" should design a quantity-discount (QD) scheme to induce the retailers to order in larger batch sizes. Our models differ from most existing ones in three aspects. First, we consider situations with a much larger number of retailers. Second, our manufacturer does not need to coordinate her replenishment cycles with those of the retailers. Third, besides "QD" schemes, we also consider "handling-charge reduction" ("HCR") schemes (i.e., a retailer pays a lower handling charge if his order is sufficiently large). We develop models and solution procedures for designing QD and HCR schemes that maximize the manufacturer's expected gain. We consider schemes with one as well as two "price breaks" (i.e., order size (s) needed to qualify for a QD or HCR). Examples of noteworthy characteristics revealed by our analytical and numerical analyses are (i) an optimal QD scheme will have a high enough price break such that extremely few retailers will be big enough to get a "free" discount and (ii) an optimal HCR scheme produces practically the same magnitude of expected total gains as an optimal QD scheme.
Quantity discount, Handling-charge reduction, Supply chain contracts, Order incentives
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【期刊论文】Pricing Coordination in Supply Chains through Revenue Sharing Contracts
周永务, Yong-Wu Zhou, Shanlin Yang
Information and Management Sciences Volume 19, Number 1, pp. 31-51, 2008,-0001,():
-1年11月30日
In a decentralized supply chain, local decision-makers at different echelons of the supply chain usually pursue their own maximizing-profits. However, a decision that is locally optimal could be globally inefficient. Through the revenue sharing mechanism, this paper proposes a supply-chain contract model to coordinate the pricing decision in a multi-echelon supply chain with a deterministic price-sensitive demand. We identify the conditions under which the contract can achieve channel coordination as well as improve the profits of all the supply chain members, and also present how to modify the contract parameters so as to more evenly share the profit along the chain.
Decentralized Supply Chain,, Revenue Sharing Contract,, Pricing Coordina-tion.,
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【期刊论文】Optimal production and shipment models for a single-vendor–single-buyer integrated system
周永务
,-0001,():
-1年11月30日
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周永务
,-0001,():
-1年11月30日
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