Problem definition: Project outsourcing has been a pronounced trend in many industries but is also recognized as a major cause for project delays. We study how companies can coordinate outsourced projects with uncertain completion times through bilateral contract negotiations.Academic/practical...

We consider a triadic supply chain, in which a manufacturer can sequentially source from two suppliers: a cheap primary supplier with yield uncertainty risk; and an expensive backup supplier with perfect reliability. After having a contract with the primary supplier, the manufacturer may offer a...

Request-for-quote (RFQ) is the most common way for contractor selection, which is of vital importance to the success of project outsourcing. Project clients need to choose from various available RFQ procedures to properly select and incentivize contractors. We study the RFQ design problem for...

It is well-known that adding a little flexibility to the right place is an effective strategy to improve the performance of operations in the face of demand uncertainties, to ensure high level of capacity utilization. However, given that system disruptions are ubiquitous, the legacy flexibility...

Request-for-quote (RFQ) is the most common way for contractor selection, which is of vital importance to the success of project outsourcing. Project clients need to carefully design the RFQ mechanism to select and incentivize contractors properly. Problem definition: We study the RFQ design...