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This paper constructs a model of a supply chain to examine how demand volatility is passed upstream through the chain. In particular, we seek to determine how likely it is that the chain experiences a bullwhip effect, where the variance of the upstream firms’ production exceeds the variance of...
Persistent link: https://www.econbiz.de/10011887637
The paper shows that taking inventory control out of the hands of competitive of exclusive retailers and assigning it to a manufacturer increases the value of a supply chain especially for goods whose demand is highly volatile. This is because doing so solves incentive distortions that arise...
Persistent link: https://www.econbiz.de/10011887638
In this article, we have developed a two level supply chain model for defective items with controllable lead time in an imperfect production process. Trade credit offered by the supplier to the retailer is considered. The lead time demand follows a normal distribution and the lead time is...
Persistent link: https://www.econbiz.de/10011902109
In last few years, the problem of food safety is becoming bigger while consumers' awareness regarding social responsibility in production, distribution and consumption of food is growing. The main goal for food enterprises is to provide food traceability. This paper focus on traceability systems...
Persistent link: https://www.econbiz.de/10011920339
Vertical coordination in agriculture has received popularity in recent years. They have emerged to transform farm enterprises from subsistence farming to commercially oriented production. Despite the importance attached to them, some farm enterprise owners are involved in side selling even...
Persistent link: https://www.econbiz.de/10015074338
Public-Private Partnerships (PPP) which promotes public welfare is greatly supported by the China government. The authority endorsements relax financial constraints and promote operation efficiency. Using a sample of 9,733 firm-years in the empirical study, it is found that companies...
Persistent link: https://www.econbiz.de/10015074703
This paper evaluates the occurrence and determinants of unfair trading practices (UTPs) in the fruit supply chain in Slovakia. Based on a representative survey of fruit growers, mainly apple growers, the study concludes that 79% of the producers experienced at least 1 UTP in a relationship with...
Persistent link: https://www.econbiz.de/10015079491
This paper analyzes private and social incentives to levy an ad valorem licensing fee in a supply chain governed by the legal principle of patent exhaustion. With perfect competition at the upstream and downstream stage, the choice of the licensing segment is irrelevant for the patent holder and...
Persistent link: https://www.econbiz.de/10015096942
Uncertainty becomes the new normal for organizations worldwide. Many organizations are dependent on complex global supply chains. COVID-19, but also environmental disasters or the war in Ukraine, demonstrate the volatility of supply chains. Procurement departments are the central interface...
Persistent link: https://www.econbiz.de/10015126822
Increased electricity consumption along with the transformations of the energy systems and interruptions in energy supply can lead to a blackout, i.e., the total loss of power in an area (or a set of areas) of a longer duration. This disruption can be fatal for production, logistics, and retail...
Persistent link: https://www.econbiz.de/10015168518