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This article analyzes dual sourcing decisions under stochastically dependent supply and demand uncertainty. A manufacturer faces the trade-off between investing in unreliable but high-margin offshore supply and in reliable but low-margin local supply, where the latter allows for production that...
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In a time of increasingly frequent disruptions with a global pandemic being the latest crisis, supply chain resilience becomes a priority for most executives. The basic roadmap to supply chain resilience is well established and generally understood by managers, however, implementation and...
Persistent link: https://www.econbiz.de/10013239533
This paper describes the Blockchain-Enabled Token Trading Game for Supply Chain Management, a web-based supply chain simulation. The game uses blockchain technology’s concepts to create virtual markets for supplier capacity trading among retailers, where participants take on the role of a...
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In times of increasing disruption and scarcity of natural resources, many companies view supply chain resilience (SCRE) and supply chain sustainability (SCS) as primary strategic objectives. However, the connection between these two objectives has not been sufficiently explored. We therefore...
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Not every interaction within a supply chain is specified by a formal contract vetted by lawyers. Many things are agreed to on an informal basis and it is worth exploring how these informal side agreements relate to formal contracts. This paper studies a two-firm supply chain, where repeated...
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