Supply chain coordination via capacity options with uncertain demand and supply

2005 ◽  
Author(s):  
Houcai Shen ◽  
Zhan Pang
Keyword(s):  
Supply Chain ◽  
Supply Chain Coordination ◽  
Uncertain Demand ◽  
Demand And Supply

scholarly journals Design of risk sharing and coordination mechanism in supply chain under demand and supply uncertainty

2021 ◽  
Author(s):  
Chunyi Ji ◽  
Xiangxiang Liu
Keyword(s):  
Supply Chain ◽  
Risk Sharing ◽  
Supply Chain Coordination ◽  
Wholesale Price ◽  
Coordination Mechanism ◽  
Market Demand ◽  
Supply Uncertainty ◽  
Demand Forecast ◽  
Demand And Supply ◽  
Better Than

Perishable and short-life products can be seen everywhere in life. Due to the particularity of these products, they are more complicated in supply chain management. This paper studies whether the two-part tariff and ZRS contract can achieve the purpose of reducing risks and coordinating supply chain. We assume that market demand and supplier yield are uncertain, and we use game theory and probability distribution for research. The research results show that when the information is asymmetric, the manufacturer always ignore the demand forecast information provided by the retailer under the wholesale price contract. When the demand is uncertain, regardless of whether the information is symmetric or asymmetric, the two-part tariff contract and the ZRS contract can coordinate the supply chain and achieve maximum profit. When the retailer's degree of risk aversion is high, the ZRS contract is better than the two-part tariff, which can reduce the risk of retailers and achieve the purpose of coordinating the supply chain. When the supply is uncertain, the manufacturer can provide the supplier with a risk-sharing contract, including the return price and the sharing ratio that meet certain constraints. Such a contract can effectively reduce the supplier's risk and realize supply chain coordination.

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