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We study the coordination of production decisions for multiple products among many manufacturers and many suppliers, each with private information about its own objective and its own production capabilities. Our methodology does not require a probabilistic model of the beliefs of each decision...
Persistent link: https://www.econbiz.de/10014044473
In a 2008 survey of 138 companies, 58% reported that they suffered financial losses within the last year due to a supply disruption. This article emphasizes the challenges and opportunities in supply risk management arising from the decentralized nature of supply chains and highlight how supply...
Persistent link: https://www.econbiz.de/10014045154
Frequently, manufacturers experience supply disruptions due to supplier bankruptcies. Manufacturers can increase supplier reliability by providing suppliers subsidies in excess of suppliers' production costs. We examine the optimal subsidy decisions of manufacturers in four supply chain...
Persistent link: https://www.econbiz.de/10014045155
Blockchain is a form of distributed ledger technology (DLT) that has grown in prominence, although its full potential and possible downsides are not yet fully understood, especially with respect to Operations Management (OM). This manuscript contributes to filling in this gap. We identify three...
Persistent link: https://www.econbiz.de/10012912864
We compare a Blockchain-based Supply Chain Finance system with traditional bank-based Supply Chain Finance solutions, using a three-tier supply chain model. Our model features financing frictions due to moral hazard with respect to product quality and dynamic updates of collateral-asset-value...
Persistent link: https://www.econbiz.de/10013226110
We consider a supply chain with one buyer and two suppliers who are subject to disruptions and whose likelihoods of disruption are their private information. In such a setting, does the buyer benefit from engaging the services of a better-informed procurement service provider (PSP) compared to...
Persistent link: https://www.econbiz.de/10013063584
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...
Persistent link: https://www.econbiz.de/10014361074
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