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The last decade has witnessed a sharp rising trend in environmental awareness and protection in China. Green supply chain management (GSCM) has been regarded as an innovative and effective tool in China for reducing the negative effects that firms have on the environment. However, the extent to...
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Problem definition: We study a problem of a retailer who orders from two competing strategic suppliers subject to independent or correlated disruptions and responds by setting the retail price upon delivery, which we call responsive pricing. The suppliers compete by setting their wholesale...
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In “Coordination of Supply Chains with Risk-Averse Agents” (POMS, Volume 13, 2004), we study the issue of coordination in supply chains involving risk-averse agents, and define a coordinating contract as one that results in a Pareto-optimal solution acceptable to each agent. We then develop...
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-centric view in the '90s to a product-centric view today. As product lifecycles shrink, innovation has risen to the top of the CEO … agenda. But product innovation cannot meet the business objectives of lifecycle profitability without supply chain process …
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This paper investigates a decentralized assembly system that consists of one manufacturer and multiple suppliers who produce the complementary components. In a single selling season, the manufacturer initially sets a vendor inventory liability period (VILP) to control the suppliers' delivery...
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We optimize a large country's currency supply network for its central bank. The central bank provides currency to all branches (who in turn serve consumers and commerce) through its network of big vaults, regional vaults, and retail vaults. The central bank intends to reduce its total...
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