Collaborative relationship is said to foster sustainable supply chain operations. It is argued that relationship based supply chain produces financially tangible results in many areas of supply chain. The concept is based on transaction cost theory arguing that the final price is determined in...

In supply chain management, information about the downstream party's willingness to pay (wtp) for a service or a good sold by an upstream party may not be known to the latter. The seller has to make an educated guess for the price at which to offer a good or service. If the buyer refuses to buy,...

Recent regulations on agri-food traceability prescribe traceability throughout the entire supply chain, in order to ensure consumers’ safety and product quality. This has led producers and retailers to consider the opportunity to improve the firm's reputation and consumer confidence through...