scholarly journals Return Policies and Coordination of Supply Chain

10.5772/6656 ◽  
2009 ◽  
Author(s):  
Mabel C.
Keyword(s):  
Supply Chain ◽  
Return Policies

SUPPLY CHAIN COORDINATION WITH CONTRACTS GAME BETWEEN COMPLEMENTARY SUPPLIERS

2007 ◽  
Vol 06 (01) ◽  
pp. 163-175 ◽  
Author(s):  
DING DING ◽  
JIAN CHEN
Keyword(s):  
Supply Chain ◽  
Stable Equilibrium ◽  
Supply Chain Coordination ◽  
Stochastic Demand ◽  
The Other ◽  
Simple Rule ◽  
Return Policies ◽  
Return Policy ◽  
Single Period ◽  
Period Model

This paper studies a supply chain consisting of two suppliers and an assembler who also acts as a retailer in a single period model. The suppliers provide complementary modules to the assembler and the latter assembles the final products and sells them to meet a stochastic demand. Each supplier can improve his performance by offering a return policy to the assembler while the best contract depends on that offered by the other supplier. We show that the non-cooperative contracts game between the firms has a unique and stable equilibrium in which the optimal return policies happen to fully coordinate the whole channel. Moreover, the suppliers still have the rights to negotiate with the assembler independently to share their profits properly. With such properties, the suppliers are encouraged to offer return policies to the assembler by following a simple rule derived from the favorable equilibrium, which will lead to a win-win-win situation.

scholarly journals How to Implement Return Policies in a Two-Echelon Supply Chain?

2012 ◽  
Vol 2012 ◽  
pp. 1-20 ◽  
Author(s):  
Wei Hu ◽  
Jianbin Li
Keyword(s):  
Supply Chain ◽  
Demand Uncertainty ◽  
Wholesale Price ◽  
Retail Price ◽  
Modeling Framework ◽  
Optimal Response ◽  
Return Policies ◽  
Return Policy ◽  
Optimal Decisions ◽  
Valuation Uncertainty

We integrate a retailer's return policy and a supplier's buyback policy within a modeling framework. In this setting, consumers decide whether to buy and then whether to return the product, the retailer sets the retail price, quantity, and refund price, and the supplier chooses the wholesale price and buyback price. Both the demand uncertainty and consumers' valuation uncertainty are considered; consumers realize their valuations only after purchase. We discuss four scenarios for each party in the supply chain that may offer or not offer return policy. We characterize each party's optimal decisions for all scenarios and we show that the supplier's best choice is to provide buyback policy and the retailer's optimal response is to set refund price to be the same as supplier's buyback price.

Impact of secondary market on consumer return policies and supply chain coordination

Omega ◽  
2014 ◽  
Vol 45 ◽  
pp. 57-70 ◽  
Author(s):  
Ximin Huang ◽  
Jia-Wen Gu ◽  
Wai-Ki Ching ◽  
Tak-Kuen Siu
Keyword(s):  
Supply Chain ◽  
Supply Chain Coordination ◽  
Secondary Market ◽  
Return Policies

Coordinating a three level supply chain with flexible return policies

Omega ◽  
2008 ◽  
Vol 36 (5) ◽  
pp. 865-876 ◽  
Author(s):  
Ding Ding ◽  
Jian Chen
Keyword(s):  
Supply Chain ◽  
Return Policies
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